Summary of Stanbic Bank’s ‘Oli In Charge’ Campaign
Here’s a summary of Stanbic Bank Uganda’s ‘Oli In Charge’ campaign, based on the provided text:
core Goal: To provide affordable financing solutions to both salaried and self-employed Ugandans, supporting their financial goals and contributing to Uganda’s growth. The campaign’s tagline reflects this – “Uganda is our home,drive her growth.”
key Offerings:
* Salaried Customers:
* Unsecured loans up to UGX 350 million with repayment terms up to 120 months.
* Discounted personal loan rates of 17%.
* Interest-free cash advances up to UGX 5 million (accessed quickly via Stanbic App or *290#).
* Self-Employed Customers (especially Farmers):
* Unsecured loans up to UGX 250 million with competitive rates starting at 10% per annum.
* Focus on supporting key agricultural sectors like coffee, cocoa, palm oil, and sugarcane.
* Educational Institutions:
* Partnership with Fincom Technologies (SchoolPay) offering pre-approved financing up to UGX 1 billion directly through the platform.
* Businesses:
* Tailored financing solutions including invoice and contract financing up to $1.5 million.
Beyond Financing – Protection & Support:
* Mortgage Life Protection: Automatic coverage for home loan customers in case of death, critical illness, or disability.
* Investa Plus Account Incentive: Chance to win UGX 50,000 deposit into a child’s education plan.
* Homeowners Comprehensive Insurance: Protection against fire and other risks.
Digital Accessibility: The campaign emphasizes easy access to loans via Stanbic’s digital platforms (App and USSD code *290#).
Target Audience: The campaign aims to empower a broad range of Ugandans including young professionals, women entrepreneurs, farmers, and families planning for the future. It specifically focuses on groups historically facing barriers to financing (women, youth, and farmers).
‘Oli In Charge’ is a comprehensive initiative combining affordable financing, insurance, and digital accessibility to support financial growth and security for individuals and businesses across Uganda.
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