Nambalirwa Mariam, Agriculture Loan, ID: 115

Mariam keeps poultry in her own home located in Kajjansi Cell A, Kajjansi town council and has been doing it since 1980. She has specialised in rearing of broiler type of chicken for meet and takes a maturity period of utmost 1.5 months, ready for sale. However, there are some delays experienced when she places the order for chicks from Ugachick chicken suppliers company for a period of a week or two. This can over stretch the expected maturity period. She divided the sty into two sections, where she uses one when the other is resting for another phase. To maintain the business conuinuity, she needs an agriculture loan to buy  260 broiler chicks and 3 bags of chicken feeds. The business is okay though it needs constant care by providing timely feeding, watering, treatment and finding market at the right time. Otherwise, when chicks are not sold in time, can become costly to the farmer.

Loan status
Disbursed
Percent repaid
35 %
Loan product
Agriculture Loan
Loan amount
UGX 1,000,000
Repayment period
5
Repayment interval
Monthly
Grace period
1

Create date
11/07/2020
Published date
16/07/2020
Auction end date
22/07/2020
Disbursement date
22/07/2020

Disbursement fee
5.00 %
Interest commission
20.00 %
Lender interest limit
15.00 %
Average lender interest
11.60 %
Cost for business
UGX 145,279
APR (Annual percentage rate)
53.85 %

Client name
Nambalirwa Mariam
Client description
Nambalirwa Mariam is a female who was born in 1952  and a permanent resident of Kajjansi “A” Cell. She is a member and chairperson of Kajjansi Group 3 of subgroup Bwavu mpologoma. She is operating a local restaurant serving local food like Matooke (plantain food), sweet potatoes, tubers with chicken stew, beans and meat stew in an evening market outside Kajjansi Market. Mariam also runs outside catering business where she serves food on parties and big functions especially in the weekends. She keeps broiler chicken at home which she uses in her restaurant business.
Previous loans
Id Date Amount Status Link
19 22-01-2019 UGX 1,000,000 Repaid show
98 04-12-2019 UGX 700,000 Repaid show
Client images
Due diligence status
Passed

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