Veathari Ventures offers property refinancing solutions tailored to low-income earners in Uganda, empowering individuals to better manage their finances while securing ownership of affordable and functional properties. Refinancing with Veathari allows you to convert your existing property investment into a manageable mortgage, providing financial flexibility and long-term stability.
Features: A cozy bedroom, full bathroom, small patio, and backyard garden for relaxation or small-scale gardening.
Ideal for: Families or individuals seeking an affordable, private living space.
Features: Four spacious rooms for retail, storage, or office setups, with a toilet doubling as a bathroom.
Ideal for: Entrepreneurs looking to expand their business operations.
Features: Perfect for small business setups, these properties come with two well-sized rooms for retail or office use, accompanied by a compact toilet/bathroom facility.
Ideal for: Startups and small businesses seeking affordable commercial spaces.
Lower Interest RatesEnjoy competitive interest rates of 13.5% annually for women and 15% for other groups, significantly reducing your financial burden.Flexible Payment PlansTailor your repayment schedule to suit your income flow: Daily, Weekly, or Monthly payment options. Choose repayment terms of 5, 10, or 15 years.Improved Cash FlowFree up cash to invest in other priorities like education, business expansion, or emergencies while maintaining property ownership.Transparent ProcessOur refinancing process is straightforward, with clear communication and no hidden fees.Access to Financial StabilityTurn your existing property into a manageable mortgage, providing long-term security without sacrificing your lifestyle or business operations.Veathari offers:
Flexible terms tailored to low-income earners.
Special benefits for women and savings group members.
Affordable interest rates with no hidden fees.
Yes, commercial properties generating rental income can be refinanced, provided you can demonstrate consistent income from tenants.
Yes, partially completed properties can be refinanced as long as they meet our valuation criteria.
No, Veathari encourages early repayment to help you reduce your financial obligations faster.
Once all required documents are submitted, the process typically takes 2-3 weeks, including property evaluation and mortgage approval.
Applicants must provide:
Valid national ID.
Proof of income (e.g., payslips, business records, or group savings contributions).
Proof of property ownership.
Membership confirmation if part of a savings group.
You can choose repayment terms of 5, 10, or 15 years and select payment frequencies of daily, weekly, or monthly installments.
13.5% annually for women.
15% annually for other groups.
The refinancing amount is based on the value of your property, minus the initial deposit (15%), which is covered upfront.
You can refinance:
One-bedroom family houses.
Four-roomed commercial shops.
Two-roomed commercial shopfronts.
Any Ugandan citizen with an existing property and a steady source of income can apply. Women and members of savings groups enjoy tailored benefits.
Property refinancing allows you to replace your existing property loan or investment with a new mortgage, often at lower interest rates or with more favorable terms.
