Question 1

Who can get the SME financing from Patapia?

Accepted Answer

The Patapia SME financing is for refugee women in Uganda.

Question 2

What are the requirements for one to get the SME financing?

Accepted Answer

For one to get the Patapia financing, you need to fulfil the following criteria; 1. Have the necessary documentation to verify your refugee status 2. Have an introductory letter from the local leader in the area of residence 3. Be a member of a 'business family'. A business family is a group of women who register with Patapia as guarantors for each other in their group.

Question 3

In how long should I repay the loan?

Accepted Answer

The loan can be repaid in up to one year. Depending on the rate at which the business grows, one can also repay the loan in less than a year.

Question 4

Can I get another loan if I have been financed before?

Accepted Answer

If a woman has been financed and has finished servicing her loan, she can be able to come for another loan. If a woman is still servicing a loan, she can get another loan if she has been repaying consistently as per her repayment schedule, and can show a great need for the financing towards the business.