Nanyonjo Margret Kazibwe, Group Loan, ID: 119

Margret is operating a sewing machine to repair clothes and make new ones for sale. She needs a group loan to increase on the business stock with 6 pieces of bitenge materials of different colours and patterns, women accessories such as ear rings, bangle, necklaces, braces etc. and gomesis (Uganda traditional women wear). She is employed by this business on full time. She also sells fruit juice which earns her extra income. All her business undertakings are okay.

Loan status
Disbursed
Percent repaid
0 %
Loan product
Group Loan
Loan amount
UGX 1,000,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
14/07/2020
Published date
12/10/2020
Auction end date
05/11/2020
Disbursement date
11/11/2020

Disbursement fee
5.00 %
Interest commission
20.00 %
Lender interest limit
12.00 %
Average lender interest
7.39 %
Cost for business
UGX 114,316
APR (Annual percentage rate)
55.96 %

Client name
Nanyonjo Margret Kazibwe
Client description
She is a resident of Kajjansi cell A and operates the busine right opposite Kajjansi Market.
Client images
Due diligence status
Passed
Group
Tweyambe
Description
Tweyambe is a Luganda word that means 'Let us help each other'. The members in this group come together with the aim of helping each other since they can not acess loans from the bank. The members are people who live within the same area of Kajjansi and their businesses are also in Kajjansi with the exception of those that have more than one business operating outside the jurisdiction in Kampala .
Subgroup
A
Description
A is a subgroup of Tweyambe group consisting of six members.
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Tweyambe/A 11/11/2020 Ssebanyiga Christopher Disbursed Member
Tweyambe/A 11/11/2020 Nabwato Dorothy Disbursed Member
Tweyambe/A 11/11/2020 Nakimuli Ritah Disbursed Member
Tweyambe/A 11/11/2020 Nanyonjo Margret Kazibwe Disbursed Member
Tweyambe/A 11/11/2020 Nakajiri Harriet Disbursed Member

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