Nabukeera Babrah, Group Loan, ID: 78

To restock the business with 13 bags of charcoal. Babrah has been doing this business since the year 2000 and she looks to well versed with the business. in addition, she is selling vegetabes, fruits and snacks as an additional income. The business is in the middle of a residential area, so the demand is readily available. The business is not exposed to any apparent risks.

Loan status
Disbursed
Percent repaid
4 %
Loan product
Group Loan
Loan amount
UGX 800,000
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
7.71 %
Cost for business
UGX 75,333
APR (Annual percentage rate)
44.05 %

Client name
Nabukeera Babrah
Client description
Babrah is a married female client born in 1979 and a resident of Lweza B cell (village). She is managing a business that deals in vegetables, snacks and charcoals.
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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