Mubiru Dickson, Group Loan, ID: 108
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- Dickson owns and operate a chapatti stall along Entebbe road infront of Kajjansi market parking yard. The stall is situated in an open area and he uses an umbrella as a temporary protection against the hot sun and rainy. He needs a loan to buy 40 litres of cooking oil, one sack of charcoal, two cartons of baking flour and twelve trays of eggs. Dickson has enough experience in baking Chapattis since 2015. The business employs five people. However, he had a contract to supply snacks to St Mary's secondary school which has been closed due to corona virus restrictions. That's why the loan amount has been slashed to half. He also has a side business of growing and trading in coffee which earns him more income after harvest which at times supplements on his Chapatti business when the season is favorable.
- Loan status
- Disbursed
- Percent repaid
- 95 %
- Loan product
- Group Loan
- Loan amount
- UGX 500,000
- Repayment period
- 24
- Repayment interval
- Weekly
- Grace period
- 1
- Create date
- 13/11/2019
- Published date
- 13/09/2020
- Auction end date
- 08/10/2020
- Disbursement date
- 08/10/2020
- Disbursement fee
- 5.00 %
- Interest commission
- 20.00 %
- Lender interest limit
- 12.00 %
- Average lender interest
- 10.41 %
- Cost for business
- UGX 60,347
- APR (Annual percentage rate)
- 59.71 %
- Client name
- Mubiru Dickson
- Client description
- Dickson is a resident of Kajjansi cell ‘B’. He operates a chapatti stall
- Client images
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- Due diligence status
- Passed
- Group
- Kajjansi VI
- Description
- Group members are residents of Kajjansi town council of whom Four members operate stalls, one member owns a retailshop inside the market and another has a stall outside the maket.
- Subgroup
- Four
- Description
- Officer Name
- Waca Ivan
- Group members
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Group Disbursement Date Name Status Relation Kajjansi VI/Four 10/8/2020 Mubiru Dickson Disbursed Member Kajjansi VI/Four 10/8/2020 Zawedde Winnie Disbursed Chairperson Kajjansi VI/Four 10/8/2020 Nayiga Sharifa Disbursed Member Kajjansi VI/Four 10/8/2020 Nantongo Rose Disbursed Member Kajjansi VI/Four 10/8/2020 Nalubwama Alice Disbursed Member