Nakato Brenda, Group Loan, ID: 60

She is up for a loan to increase on the number of input items used for the two businesses such as three chickens, one bag of charcoal, 20 litters Jerrican of cooking oil and half a bag of Irish potatoes. These iteShe is doing the business at her family premises rendering her to incur no expenses for rent and has been in the business for three years. The demand for snacks like chips, fried chicken, chapati especially Rolex chapati is exponentially high.

Loan status
Disbursed
Percent repaid
93 %
Loan product
Group Loan
Loan amount
UGX 800,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
05/05/2019
Published date
19/07/2019
Auction end date
21/08/2019
Disbursement date
21/08/2019

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
11.92 %
Cost for business
UGX 82,650
APR (Annual percentage rate)
49.05 %

Client name
Nakato Brenda
Client description
Brenda is a married woman born in 1991 and resident of Kajjansi Cell “B”. She is operating chips and chapati stalls near her home.
Client images
Due diligence status
Passed
Group
Alpha
Description
This finance group is located north of Kajjansi Market in Kajjansi town council.
Subgroup
Lion
Description
A lion is a known animal that is so strong which inpieres  group members to always work hard with a winning mentality to kick poverty out of their homes.
Officer Name
HP
Group members
Group Disbursement Date Name Status Relation
Alpha/Lion 8/21/2019 Nabagala Nuruh Disbursed Chairperson
Alpha/Lion 8/21/2019 Nakato Brenda Disbursed Member
Alpha/Lion 8/21/2019 Zawedde Sylvia Disbursed Treasurer
Alpha/Lion 8/21/2019 Nalwadda Aidah Disbursed Member
Alpha/Lion 8/21/2019 Nakidde Hadijah Disbursed Member

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