Nalwanga Christine, Group Loan, ID: 82

She needs a group loan to restock the Drinks business with items such as 3 crates of sodas, box of drinking water, two boxes of minute aid juice and box of AFIA juice. Christine has been doing this business since the year 2002 and has mastered the art of doing this business. The demand is readily available in Kajjansi market. However, it's no all rosey, sometime she experiences low customer turn-up especially during the muslim fasting period during day time and during rainy days as customers tend not to take cold drinks. Consequently, when hand made fruit juice has stayed for a day or so, she has to give it out for free or pour it. It's construed as a financial loss to the business. But it does not occur very often though.

Loan status
Disbursed
Percent repaid
72 %
Loan product
Group Loan
Loan amount
UGX 700,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
14/05/2019
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
12.00 %
Cost for business
UGX 72,436
APR (Annual percentage rate)
49.15 %

Client name
Nalwanga Christine
Client description
Operates a vegetable stall and makes fruit juice for sale.
Previous loans
Id Date Amount Status Link
8 12-11-2018 UGX 500,000 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 Defaulted 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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