Nakyagaba Jamirah, Group Loan, ID: 4

  She is looking for a business loan to restock her stall with items like boxes of tomatoes, green peppers, carrots, onions and more pieces of clay products like charcoal stove. The vegetables items are perishable and clay products are fragile. She buys those items in small quantities in response to the expected demand in Kajjansi market so that can be bought in two or three days before they go bad since traders in the market have no cooling rooms for such perishables. So, there is a risk potential where vegetables can go bad, business looses customer goodwill, sales go down and eventually face repayment problems of the loan. The purchase of additional stock items using a group loan will help the business to be fully stocked with all items, attract customers and increase daily sales. As the business moves on, she will be able to increase on her income and expansion of the business.

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

Create date
16/04/2018
Auction end date
31/08/2018
Disbursement date
04/07/2018

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Cost for business
UGX 103,480
APR (Annual percentage rate)
49.15 %

Client name
Nakyagaba Jamirah
Client description
Operates a stall in Kajjansi market which sells vegetables
Client images
Group
Kajjansi II
Description
Kajjansi II 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 and fish stalls in Kajjansi market.
Subgroup
Tukolere wamu
Description
It is a subgroup consisting of 5 members operating in Kajjansi market and these members took loans in the first cycle. In the second cycle, only 3 group members who have taken a second (repeat) loan.
Officer Name
TEST
Group members
Group Disbursement Date Name Status Relation
Kajjansi II/Tukolere wamu 11/12/2018 Nakimbugwe Haawa Repaid Treasurer
Kajjansi II/Tukolere wamu 11/12/2018 Nakaweesa Rehema Repaid Chairperson
Kajjansi II/Tukolere wamu 11/12/2018 Nabagala Phiona Repaid Member
Kajjansi II/Tukolere wamu 11/12/2018 Nantongo Rose Repaid Member
Kajjansi II/Tukolere wamu 11/12/2018 Nabadda Shadiah Repaid Member
Kajjansi II/Tukolere wamu 5/27/2019 Nakimbugwe Haawa Disbursed Chairperson
Kajjansi II/Tukolere wamu 5/27/2019 Nabagala Phiona Repaid Member
Kajjansi II/Tukolere wamu 5/27/2019 Nantongo Rose Repaid Member

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