Namusisi Sarah, Group Loan, ID: 10

She needs this business loan to start another line of business for selling vegetables, tomatoes, green peppers, carrots, onions in Kajjansi market.  In her main business of serving tea and coffee, she stops working in the mid day and she feels bored for the rest of the hours until evening. She said, she would like to spend that time while attending to another business. The loan will be financed by the existing business.  The second business will help her to utilise the time well and increase on her income levels. However, there is a risk potential where she is still new in operating this business, vegetables can go bad and may face loan repayment issues. 

Loan status
Loan product
Group Loan
Loan amount
UGX 500,000
Repayment period
Repayment interval
Grace period

Create date
Auction end date
Disbursement date

Disbursement fee
3.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
12.00 %
Cost for business
UGX 46,740
APR (Annual percentage rate)
43.16 %

Client name
Namusisi Sarah
Client description
Sells tea, coffee and snacks
Client images
Kajjansi I
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.
It is a subgroup of 5 members operating small businesses in Kajjansi market.
Officer Name
Waca Ivan

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