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(opens in a new tab)Consorcio del Urugua
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Go to Website (opens in a new tab)About Consorcio del Urugua
Consorcio del Uruguay S.A. is a regulated Uruguayan financial institution headquartered in Montevideo that specializes in grupos de ahorro previo (pre-savings groups). Rather than offering traditional bank loans, Consorcio enables customers to save collectively and obtain capital through monthly drawings (sorteos) or competitive bidding (licitaciones). The capital can be used for any purpose, including purchasing a home, renovating property, buying a vehicle, funding a business, or other personal projects. The company is supervised by the Central Bank of Uruguay (BCU).
Amount
UYU 1,000,000 - UYU 10,000,000
Tenor
2 - 15 years
Min. approval time
24 hrs
Countries
Created on
June 2026
Last updated
June 2026
Requirements
The basic requirements to apply for a loan on Consorcio del Urugua include:
- • Must be at least 18 years old.
- • Must provide a valid Uruguayan identity document.
- • Must complete a membership agreement.
- • Must make the required monthly contributions.
- • Must provide acceptable guarantees before receiving the awarded capital.
- • Must submit any additional documentation requested by Consorcio.
- • Must comply with Consorcio's internal eligibility requirements
How to Apply
To apply for a loan with Consorcio del Urugua, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Website
