Zawedde Sylvia, Group Loan, ID: 61

Sylvia needs a loan to buy more food items for the Food stall business such as a bag of Irish potatoes, boxes of tomatoes, bags of plantains, French beans, oranges, passion fruits and a bag of silver fish. She has been doing this business for eight years and that demonstrates that she has mastered the art of doing it well. Besides dealing in perishables, there are no major risks facing the business.

Loan status
Disbursed
Percent repaid
37 %
Loan product
Group Loan
Loan amount
UGX 900,000
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
3.11 %
Cost for business
UGX 75,507
APR (Annual percentage rate)
38.59 %

Client name
Zawedde Sylvia
Client description
She was born in 1984, resident of Kajjansi town. She operates a Raw food stall in the same location where she lives and serves as the Treasurer of the group.
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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