Below are the requirements
- The loan client has to be a member of BFS.
- These loans are offered at 2.5% per month calculated on reducing balance method.
- Payable in a period not exceeding 24 months.
- Happy family loans particularly (beds, chairs, blankets, cupboards, bed sheets and bedcovers) are payable in a period not exceeding 6 months .
- Loan size ranges from Shs. 100, 000 to Shs. 200,000,000. It can go up to Shs. 300,000,000 under special consideration of the Board.