Zawedde Winnie, Group Loan, ID: 110

Winnie is operating a business stall in Kajjansi Market. She is up for a loan to restock the business with items such as charcoal stoves, five chapatti saucepans, three small baskets, mats, medicinal plants and other craft items.  The loan is intended to increase on the existing stock and variety of stock items.The business has low risk exposure due to charcoal cooking stoves placed near the stalls by the vendors. It's quite unlikely to happen.

Loan status
Disbursed
Percent repaid
23 %
Loan product
Group Loan
Loan amount
UGX 1,000,000
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
9.26 %
Cost for business
UGX 118,288
APR (Annual percentage rate)
58.28 %

Client name
Zawedde Winnie
Client description
Winnie is a resident of Kajjansi Cell ‘B’. She operates a craft king of business within Kajjansi market. She has been doing this business since 2013 and is doing well.
Client images
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
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

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