Cancelled loans


Achore Winnie Fina
Winnie is a seeking a group loan to enable her; purchase eight (8) bags/sacks of ground nuts worth UGX 880,000= given the increasing demand in and around the areas. She sells her food items at both whole sale and retail prices depending on the client demands. She is projecting an incresase in the weekly revenue by approximately UGX 400,000= upon investing this loan. The business is promising and profitable given the high weekly turnover. The risk associated with the business is very minimal given the good storage for the food items and high weekly turn over and thus they do not take long in the store.
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UGX 1,000,000
3/25/2021

Mulwanyi Ronald
Ronald is seeking a group loan worth UGX 1,000,000=, to add to his personal savings so as to purchase another motorcycle for his boda boda (passenger motorcycle) business. He has been doing this business for three (3) years now and the business is promising and profitable given the increasing usage of boda bodas due to their flexibility in and around the city centre. He uses the motorcycle to transport passengers and cargo in and around the neighboring areas. However, with the purchase of another motorcycle, Ronald will hire another person to operate it and he he is projecting the business to be generating an additional UGX 260,000= every month. The risk involved in this business is that the business can get paralysed if the motor cycle breaks down, however this is mitigated by doing regular servicing of the motorcycle.
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UGX 1,000,000
3/25/2021

Nassozi Esther
Esther is seeking a group loan to increase on her existing stock of food items as well also introduce a variety because of the continuosly growing numbers of her cients. She has been in this business for five (5) years now and intends to purchase; vegetables worth UGX 100,000=, 2 bags./sacks of irish potatoes worth UGX 160,000=, 2 bags of cassava worth UGX 120,000=, 2 bags of sweet potatoes worth UGX 120,000= and about 10 bunches of matooke worth UGX 60,000=. The business is promising and with the introduction of a variety of food stuffs demanded by clients in the area, the income revenue generated by the business wil increase by  approximately UGX 250,000= on a monthly basis.
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UGX 600,000
3/25/2021

Mutesasira Namawejje Sarah
Sarah is seeking a group loan to add on her existing stock of items such as; eight (8) more bags/sacks of charcoal worth UGX 455,000=, matooke worth UGX 180,000= and vegaetables worth 100,000= . The business is promising and profitable given the high demand for charcoal and vegetables in and around the sorrounding arrears. Once this loan is added to the existing capital, the business is expected to generate an estimated additional revenue of approximately UGX 460,000=. The risk in the business ia minimal given that charcoal is long lasting, vegetables are purchased for sale in quantities relative to client demands to avoid excess that could go bad.
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UGX 800,000
3/25/2021

Nankya Daphine
Daphine is a born of 1992 and resident of Buzzi Cell, Kawuku, Kajjansi. She is in to the brick laying or making business and is seeking a group loan to purchase firewood worth UGX 500,000= and hire of additional laborers worth UGX 400,000=. The business is very promising and profitable. However, there is a risk of delays in drying of the bricks and also destruction incase of heavy persistent rains. This has been mitigated by covering the bricks using thatched grasses during the rainy seasons.
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UGX 1,000,000
3/25/2021

Nabeetya Oliver Magembe
Oliver is seeking a group loan to purchase fire wood worth UGX 500,000= for baking the bricks and also hire land at UGX 400,000= for laying the bricks. She has been in this business for six (6) years and it is very profitable and promising given the increasing demand for bricks in and around the area by numerous clients that are constructing. The risk in this business is that there can be delays in drying of the bricks and also they could be destroyed incase of persistent rains. However this has been mitigated by covering the bricks with thatched grass during rainy seasons.
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UGX 1,000,000
3/25/2021

Mucunguzi Alex
Alex needs a loan to expand his newly established shoes business stall with additional carton of shoes. This business is located in Nabugabo market in Kampala city center opposite New Taxi park on Nabugabo road. After deploying this loan, he will earn extra income of UGX 1,270,000/ ($344) per month. He also runs a chapatti stall as additional business and is employing one person to take care of it. This business contributes 50% of his income while the Shoes stall earns him 50% too but it has a huge potential to grow in the near future.
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UGX 1,000,000
11/30/2020

Nakazibwe Nuluyati
She needs a loan to purchase a box of tomatoes, a bag of onions, Ten bunches of ripe bananas, fruits and greens. She has operated in this business for nineteen years that made her to keep expanding and now she has four vegetable stalls of the same kind of business. The stall is in good market shelter that keeps the vegetables fresh. Her business also requires quick sales since vegetables are prone to high risks of perishability.
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UGX 700,000
12/1/2019

Mukasa Richard
Richard needs a loan to buy motor vehicle spare parts such as fun belts and Brake pads. He is a vehicle mechanic by profession and owns a repair workshop in Kajjansi town located opposite Kajjansi police staion approximately 500 meters away from SMUG office. In addition, he owns a spare parts outlet selling various spare parts such as funs belts, brake pads, radiators, front and real lights, indicators, side mirrors, engine oil etc. He has been doing this business since 2013 and there are no notable risks.
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UGX 1,000,000
10/10/2019

Nakyanzi Phinah
Nakyanzi is up for a loan to restock the bar with variety of items like 2 crates of beer, sackets of Vodka, Uganda walagi and Omukomboti beer. The business is dull during day with 2 or 3 customers but begins to be vibrant from 7.00 PM EAST to midnight. Virtually many of the bottles were empty in the shelves as she was on her way to order for more stock at the time Sseguku carried out the assessment.
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UGX 800,000
3/3/2019

Birungi Mariciana
Mariciana needs a loan to start a hair salon in Katale Nsalo area. The target area is situated in a distance of 2KM from Lweza cell B where she stays. She already bought a head drier machine and plans to use the loan to buy cosmetics for treating women hair, gloves, chairs, weaves and other items. Since it’s a new business in a new location, it may take some time to break even due lack of customers and competition. However, the vegetable stall business will act as a follow back position for consumption and loan smoothing as the salon gains momentum.
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UGX 1,000,000
3/3/2019

Kavira Sifa
Sifa needs a group loan to purchase more input materials for making hand-made crafts such as baby elephants and other children dolls. The input materials required include cotton, clothes of type Kitenge, threads and hire more labour. She makes the crafts at her home which saves her of rent and hires ocasionary a few people to help her. Sifa supplies craft products three times a week to craft shops in town. The products have no risks and market is readily available in and around Kampala.
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UGX 700,000
3/3/2019

Nambi Proscovia
She is looking for a business loan to purchase more stock items like a box of tomatoes, green peppers, carrots, onions for re-stocking the vegetable stall. She buys those items in small quantities  in proportion to the demand in Kajjansi market so that can be bought in two or three days before they go bad since traders in the market have no cooling rooms for such perishables. However, there is a risk potential where vegetables can go bad, business looses customer goodwill, sales go down and eventually face delinquent problemss in paying back the loan. The additional stock items purchased using a group loan will help the business to be fully stocked with all items, attract customers and increase daily sales. As the business progresses, she will be able to increase her income and business growth.
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UGX 500,000
4/15/2019

Okolimong James
He needs this business loan to purchase more stock items like maize flour, cassava flour and millet flour. He operates a retail outlet for produce within Kajjansi market. There is readily available local market and the business is lucrative in nature. The business has no serious risks it is exposed to. The group loan will enhance the business to expand and increase sales revenue.
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UGX 1,000,000
4/15/2019

Nassuna Sarah
She needs this loan to restock the retail shop with items such as sugar, boxes of soap, boxes of candles, food stuffs, grains and maize flour.  The additional stock items purchased using a group loan will help the business to be fully stocked with all items and step up on the sales revenue. In the due course, she will be able to realise a good income and business expansion.
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UGX 200,000
3/12/2019

Nakyagaba Jamirah
  She is looking for a business loan to restock her stall with items like boxes of tomatoes, green peppers, carrots, onions and more pieces of clay products like charcoal stove. The vegetables items are perishable and clay products are fragile. She buys those items in small quantities in response to the expected demand in Kajjansi market so that can be bought in two or three days before they go bad since traders in the market have no cooling rooms for such perishables. So, there is a risk potential where vegetables can go bad, business looses customer goodwill, sales go down and eventually face repayment problems of the loan. The purchase of additional stock items using a group loan will help the business to be fully stocked with all items, attract customers and increase daily sales. As the business moves on, she will be able to increase on her income and expansion of the business.
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UGX 1,000,000
4/15/2019