Nakajiri Harriet, Group Loan, ID: 121

Harriet needs a group loan to purchase more stock items to expand the business. The stock almost got depleted during the lockdown period. Stock items to be purchased include a box of tomatoes, tin of onions, 3 bunches of sweet bananas, basket of orranges and 10 pieces of bark clothes. The business generates a net sales income of UGX 300,000/ ($81) per month and this loan is to rejuvinate this business from this down turn.

Loan status
Disbursed
Percent repaid
0 %
Loan product
Group Loan
Loan amount
UGX 400,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
20/07/2020
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
11.96 %
Cost for business
UGX 49,566
APR (Annual percentage rate)
61.63 %

Client name
Nakajiri Harriet
Client description
Harriet is a woman born in 1978, resident of Kajjansi town. She operates a vegetable stall in Kajjansi market.
Previous loans
Id Date Amount Status Link
45 01-05-2019 UGX 400,000 Repaid show
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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