Finance that moves
working Uganda forward.
Baikal funds the boda riders, small traders and households that keep the country moving. Built on disciplined credit and a strong on-time repayment record.
Two products. One simple promise.
Lend to people who can repay. Stand behind every loan we make. Keep the books clean enough that we can answer any question, from any borrower or regulator, on any day.
Bike / Asset loan
For boda ridersEV & ICE motorbikes for boda riders — GPS-tracked, with structured weekly collections you can keep up with.
- ✓ Valid National ID
- ✓ Active riding / boda work
- ✓ One guarantor
Working-capital / Cash loan
Launching 2026Unsecured working-capital loans for existing borrowers in good standing — disbursed straight to mobile money. A careful, phased launch starting with our top-performing customers.
Opening first to existing Baikal borrowers in good standing, with full KYC, NIRA and CRB checks at launch.
Funded in three simple steps.
Apply
Online, on WhatsApp, or walk into a branch. A few minutes and your National ID is all it takes.
Meet an officer
A field officer verifies your details and answers every question — no hidden terms.
Receive funds
A decision within 24 hours, then your funds or your bike — with a repayment plan you can keep up with.
Every loan funds a livelihood.
Behind every active loan is a working Ugandan — a rider, a trader, a household. Our portfolio is the scoreboard, and we report it honestly.
A disciplined operator scaling in East Africa.
Live management dashboards. Real-time portfolio reporting. We'd be glad to share more.
Straight answers.
What happens if I miss a payment?+
Talk to your officer early and we work out a plan. We charge a small, disclosed late fee and never harass, threaten or shame borrowers. Every charge appears on your statement.
Do I need a land title as collateral?+
No land title is required for a bike loan — the bike itself is the security, plus one guarantor. Any collateral for a trade loan is explained by your officer upfront.
What are your interest rates and fees?+
Bike loans carry interest of 2.8% per month on a declining balance — so the interest you pay falls as your balance comes down. Every rate and fee is fixed and disclosed in writing before you sign, and shown on your repayment schedule. No hidden charges — ask your officer for the exact figure on your loan.
How long does approval take?+
Most applicants get a decision within 24 hours of the officer's visit. Funds or the bike follow shortly after approval.
Check if you qualify.
Tell us a little about you and a field officer will reply on WhatsApp — no obligation, no hidden fees.
Three branches across Kampala & Mukono.
Kampala — Bukoto/Ntinda
Head officeTMT Atrium, Plot 90, 3rd Floor, Space 6
Upper Naguru East, Bukoto–Ntinda Road
Kampala — Rubaga
BranchNabunya Road, near St. Lawrence University
Walk-in service hours: Mon–Sat
Mukono
BranchMukono Town
Walk-in service hours: Mon–Sat