The Housing Finance Bank Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign to enable financial independence and sustainable home ownership.
The initiative aims to reduce financial pressures and empower customers to achieve their financial goals and aspirations for 2024.
The campaign was officially unveiled by the Housing Finance Bank leadership, led by Michael Mugabi, Managing Director, and Peace K. Ayebazibwe, Executive Director, during a media breakfast at the Bank’s Head Office in Kololo.
The ‘Fuuka Don’ 120-day campaign offers customers the opportunity to access unsecured salary loans of up to UGX 400 million within an expedited 48-hour processing time. Additionally, customers can benefit from flexible repayment periods of up to 84 months, along with zero-fees loan buyouts.
Ms. Peace K. Ayebazibwe, Executive Director of Housing Finance Bank, emphasized the inclusivity of the salary loan solution, stating, “At Housing Finance Bank, we deeply understand the pivotal role financial support plays in turning aspirations into reality.
The ‘Fuuka Don’ campaign exemplifies our unwavering commitment to empowering both our existing and new customers on their journey to achieving personal and financial milestones in 2024. With just your employment contract, you can embark on a seamless financial journey, making strides towards those cherished goals.”
Mr. Michael K. Mugabi, Managing Director of Housing Finance Bank, expressed enthusiasm about the campaign, stating, “Our overarching objective is to catalyze a positive transformation in the lives of our valued customers by consistently delivering unparalleled financial solutions. With Fuuka Don, we are not merely offering financing but providing a gateway to a realm of possibilities that transcends current market offerings. Whether it’s realizing the dream of building a home, acquiring assets, or advancing one’s education, Fuuka Don is a cornerstone on our customers’ path to success.”
Housing Finance Bank focuses on making banking easy and enabling customers to be in control of their financial and banking needs. First incorporated as a private limited company in 1967 as Housing Finance Company Uganda Limited, carrying out business as a non-banking credit institution, providing mortgage finance and accepting savings deposits from the public. Subsequently, the Bank became licensed and regulated by the Bank of Uganda as a Commercial Bank in 2007 to carry on the business of banking under the Financial Institutions Act and changed into a public limited liability company known as Housing Finance Bank Limited.
