Namirembe Rose , Group Loan, ID: 16

She operates a food vending stall in Kajjansi market where she sells local cooked food particularly for lunch and breakfast. She employs two staff who help her to supply cooked food to customers in their convenient work places like shops, offices etc. The market is readily available but in some few days she experiences low customer turn up. She intends to use the proposed loan to expand the business and include serving tea, coffee as well as snacks like fried river. She is confident that the business will do well with the new additional line of products.

Loan status
Repaid
Loan product
Group Loan
Loan amount
UGX 700,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
25/10/2018
Auction end date
29/10/2018
Disbursement date
12/11/2018

Disbursement fee
3.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
12.00 %
Cost for business
UGX 65,436
APR (Annual percentage rate)
43.16 %

Client name
Namirembe Rose
Client description
Namirembe Rose is a group member of Kajjansi I, subgroup Suubi. She is enthusiastic, hardworking and reliable person.
Client images
Due diligence status
Passed
Group
Kajjansi I
Description
Kajjansi I is a group of traders who came together to secure small loans to inject in their small businesses under one umbrella group. Members in the group own vegetable stalls in Kajjansi market.
Subgroup
Suubi
Description
It is a subgroup of 5 members operating small businesses in Kajjansi market.
Officer Name
TEST
Group members
Group Disbursement Date Name Status Relation
Kajjansi I/Suubi 11/12/2018 Namulondo Fatumah Repaid Member
Kajjansi I/Suubi 11/12/2018 Bukirwa Faith Repaid Member
Kajjansi I/Suubi 11/12/2018 Nalwanga Christine Repaid Member
Kajjansi I/Suubi 11/12/2018 Namusisi Sarah Repaid Member
Kajjansi I/Suubi 11/12/2018 Namirembe Rose Repaid Member
Kajjansi I/Suubi 6/24/2019 Bukirwa Faith Defaulted Member
Kajjansi I/Suubi 6/24/2019 Namulondo Fatumah Disbursed Member
Kajjansi I/Suubi 6/24/2019 Namusisi Sarah Repaid Member
Kajjansi I/Suubi 6/24/2019 Namirembe Rose Disbursed Member
Kajjansi I/Suubi 6/24/2019 Nalwanga Christine Disbursed Member
Kajjansi I/Agali awamu 11/12/2018 Nagombe Edith Repaid Chairperson
Kajjansi I/Agali awamu 11/12/2018 Bantaliza Williams Repaid Member
Kajjansi I/Agali awamu 11/12/2018 Nanyonga Florence Repaid Treasurer

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