Zalwango Florence, Group Loan, ID: 76

To restock the business with items such as 10 bags of charcoals, variety of vegetables and chicks. Florence is operating a vegetable and charcoal stall in Lweza B cell where she lives. She is also keeping free range chickens for sale. She has been doing this business since 2010. The business has no major risk that can put the loan at stake.

Loan status
Disbursed
Percent repaid
4 %
Loan product
Group Loan
Loan amount
UGX 500,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
10/05/2019
Published date
09/09/2019
Auction end date
03/10/2019
Disbursement date
03/10/2019

Disbursement fee
4.00 %
PaidInterest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
7.93 %
Cost for business
UGX 47,329
APR (Annual percentage rate)
44.31 %

Client name
Zalwango Florence
Client description
She is a female client born in 1978 and resident of Lweza B cell. She is operating a vegetable and charcoal stall in the same area of residence.
Client images
Due diligence status
Passed
Group
Sereeyi
Description
Sereeyi is a prominent business name for a local herbal clinic in Lweza B cell or village, east wards of Kajjansi town.. The chairperson of this group featured in a video advert for this clinic.
Subgroup
Twezimbe
Description
Twezimbe is in Luganda language which means people come together and develop themselves. Group members through this group will take business loans, encourage internal savings and sharing business and social advices.. 
Officer Name
HP
Group members
Group Disbursement Date Name Status Relation
Sereeyi/Twezimbe 10/3/2019 Zalwango Florence Disbursed Member
Sereeyi/Twezimbe 10/3/2019 Nalubega Amisa Disbursed Treasurer
Sereeyi/Twezimbe 10/3/2019 Nabukeera Babrah Disbursed Member
Sereeyi/Twezimbe 10/3/2019 Nagawa Irene Disbursed Member
Sereeyi/Twezimbe 10/3/2019 Nanfuuna Agnes Disbursed Member

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