Business

Housing Finance Bank unveils ‘Fuuka Don’ salary loan campaign to enable Ugandans achieve 2024 goals

Left to Right - John B. Kaweesi (Head of Mortgages and Consumer Banking), Doreen Nyiramugisha (Head of Marketing and Communications), Patience Bayenda (Head of Products) and Annet Ssebuggwawo (Head of Microfinance) during the Fuuka Don Salary Loan Campaign Launch

Kampala, (UG): Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign in a reaffirmation of its commitment to enabling financial independence and sustainable home ownership of Ugandans in the year 2024.

The initiative aims to alleviate 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 the Managing Director, and Peace K. Ayebazibwe, the Executive Director during a media breakfast on Tuesday, January 16, at the Bank’s Head Office in Kololo.

During this 120-day Fuuka Don Salary Loan Campaign, customers should expect the opportunity to access unsecured salary loans of up to UGX 400 million within an expedited 48-hour processing time.

Additionally, they [customers] will also be able to benefit from flexible repayment periods of up to 84 months, along with zero-fees loan buyouts and interest rates for as low as 17% per annum.

Mr. Michael K. Mugabi, Managing Director of Housing Finance Bank, expressed enthusiasm about the campaign which he said sets a positive transformation in the lives of our valued customers by consistently delivering unparalleled financial solutions.

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“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,” Mr Mugabi stated.

Micheal Mugabi, Housing Finance Bank Managing Director addressing the media during the campaign launch

On his part, Mr John B. Kaweesi the Head of Mortgage and Consumer Banking at Housing Finance Bank, emphasized the inclusivity of the salary loan solution revealing that as a bank, Housing Finance understands 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,” he said.

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The “Fuuka Don” campaign is available for all Ugandans at any of the 18 branches of Housing Finance Bank or connect with the bank’s customer care desk through 0800 211 082 (Toll-free) or email at info@housingfinance.co.ug.

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