Bisirikirwa Annet, Group Loan, ID: 48

Bisirikirwa needs a loan to purchase more stock items such as two bags of Irish potatoes, one box of tomatoes, one bag of onions and one bag of onions. She operates this business outside, at the edge of Kajjansi market and sells the produces in bulk like wholesaler mainly to vegetable andraw food stall retailers in Kajjansi market. The business operation starts very early in the morning at 5.00 AM to 9.00 AM and close for the day. She spends the rest of the hours during the day ourchasing and gathering vegetables, raw food stuff and fruits from farmers for sale the following day. Annet has been operating this business for five years. However, she mentioned that transporting the produces from farmers is challenging. Sometimes she would fail to get a taxi whose transport fares are relatively cheaper and uses a Boda-boda (motor cycle transportation) which is expensive. At the end of the day it affects her daily sales.  

Loan status
Disbursed
Percent repaid
81 %
Loan product
Group Loan
Loan amount
UGX 1,000,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
31/03/2019
Published date
05/04/2019
Auction end date
01/05/2019
Disbursement date
01/05/2019

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
6.60 %
Cost for business
UGX 91,727
APR (Annual percentage rate)
42.74 %

Client name
Bisirikirwa Annet
Client description
Annet is a woman born in 1984. She is a resident of Kajjansi “A” Cell (village). She sells green vegetables and fruits in Kajjansi town near the market.
Client images
Due diligence status
Passed
Group
Kajjansi V
Description
This group is made up of clients operating stalls and retail shops in Kajjansi market.
Subgroup
Mukisa
Description
The name of the subgroup is mukisa which means chance in Luganda language.
Officer Name
HP
Group members
Group Disbursement Date Name Status Relation
Kajjansi V/Mukisa 5/1/2019 Nalubwama Alice Repaid Member
Kajjansi V/Mukisa 5/1/2019 Nakate Cate Disbursed Chairperson
Kajjansi V/Mukisa 5/1/2019 Nabitosi Jane Disbursed Treasurer
Kajjansi V/Mukisa 5/1/2019 Nakagiri Harriet Repaid Member
Kajjansi V/Mukisa 5/1/2019 Mucunguzi Alex Repaid Member
Kajjansi V/Mukisa 5/1/2019 Kiggundu Hassan Waswa Repaid Secretary
Kajjansi V/Mukisa 5/1/2019 Bisirikirwa Annet Disbursed Member

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