Nagawa Irene, Group Loan, ID: 80

She needs a loan to increase on the cash money and float to be used to pay out to customers who withdraw money or send money. The business is in Lweza B cell (village) and She has been doing this business for one year. People use mobile money agents also to buy airtime and paying for utilities. The business is in a good location and has no major risks.

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
11.96 %
Cost for business
UGX 51,698
APR (Annual percentage rate)
49.10 %

Client name
Nagawa Irene
Client description
I rene is a female young lady born 1991,and a resident of Lweza B cell. She is operating a mobile money kiosk.
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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