Bukirwa Faith, Group Loan, ID: 67

She needs a business loan to buy a head drier, water sink (big size), natural and artificial types of hair weaves as well as some varieties of cosmetics.  However, she experiences irregular power supply in a few days a week which tend to affects weekly sales because the business is entirely dependent on power. The lapses of power cuts may altogether sum up to 1-3 hours a week. The business is very promising. She also runs a clothes stall in Owino market in Kampala city where she earns some additional income.

Loan status
Disbursed
Percent repaid
40 %
Loan product
Group Loan
Loan amount
UGX 1,200,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
09/05/2019
Published date
24/05/2019
Auction end date
24/06/2019
Disbursement date
24/06/2019

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
3.79 %
Cost for business
UGX 102,537
APR (Annual percentage rate)
39.40 %

Client name
Bukirwa Faith
Client description
Operates a hair saloon in Kajjansi market.
Previous loans
Id Date Amount Status Link
7 12-11-2018 UGX 1,000,000 Repaid show
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 Disbursed 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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