About Us
YALICOS is the official financial arm for the Young African Leadership Initiative East Africa Alumni Chapter of Uganda. We are a member-owned movement transforming collective financial ambition into tangible wealth, one collaboration at a time.
We are not a bank. We are not a loan shark. We are a community of leaders pooling our resources to create opportunities that none of us could build alone. Every savings account opened, every loan disbursed, every asset financed is a testament to the power of collective action.
Why Join Us!
The YALI alumni community is already a force for good. YALICOS is how we turn that force into lasting economic power.
Become a MemberOur Services
The Growth Engine: Daily compounding interest means your money is constantly working for you. Small, consistent contributions build remarkable wealth over time.
Your Money, Your Access: Flexible withdrawals ensure your savings are there when you need them, while maintaining the balance that unlocks greater borrowing power.
Unshakable Security: Your funds are held in our official Bank account, protected by audited systems and member-owned governance.
Minimum Savings for Loans: UGX 200,000 unlocks access to our full suite of long-term financing.
For the moments that demand immediate action.
Loan Amount up to 3x your total savings. Repayment Period Maximum 3 Months, swift, focused, and designed for agility. Competitive Interest rates set by the Board, communicated transparently.
Security: Guarantors from within our trusted member community. Ideal For Urgent needs, time-sensitive opportunities, or bridging short-term gaps with speed and dignity.
Fuel your biggest ambitions. Get up to 4 times your total saving balance. Available for a minimum 6 months of consistent, active savings as per a member’s savings package of choice. Minimum Savings UGX 200,000 demonstrates your commitment.
Repayment Period:12 Months or more, tailored to your project's lifecycle. Competitive Annual Interest rate on a reducing balance, ensuring fairness.
Security:Two trusted guarantors from within YALICOS. Their savings + yours must meet or exceed the loan amount.
Acquire. Create. Repay. Prosper.
How It Works: You identify the asset you need to grow (equipment, machinery, a vehicle, technology). YALICOS pays the supplier directly. You repay us on terms that preserve your working capital.
Why It Matters: Acquire income-generating assets now, without the crushing burden of upfront costs. Start using them immediately to create value.
Security: The asset itself serves as primary security, alongside your saving.
Insurance: Asset protection is mandatory, we can arrange it for you.
Invest in the ultimate change maker: an educated mind.
Purpose: Strictly for tuition, school fees and mandatory institutional fees, because every shilling should serve its intended mission.
Disbursement: Paid directly to the academic institution. Your focus remains on learning, not logistics.
Membership Requirement: Your savings account serves as security for the loan.
Repayment Period: Maximum 3 Months. Focused. Purposeful. No grace period extensions.
Interest Rate: 5% per month on a reducing balance - transparent and fair.
Fees and Insurance: Applicable as per our policy.
Security: No guarantors required. Your savings, short tenure, and direct payment to institutions are our safeguards.
Requirements: Official invoice from the institution with verified payment details.
Invest in the ultimate change maker: an educated mind.
How It Works: You've done the work. You've issued the invoice. Now stop waiting. We advance funds against your outstanding invoices, giving you immediate access to your capital.
Benefits: Maintain healthy cash flow, pay your suppliers on time, and pursue new contracts, all while your clients adhere to their payment cycles.
Loan Amount: Based on a percentage of verified invoice value.
Repayment: Automatic when your client settles the invoice. Simple. Elegant. Effective.
Security: The invoice itself and a standing order commitment.
Ideal For SMEs, consultants, suppliers, and anyone whose business thrives on predictable cash flow.