Nakiwuge Agatha, Group Loan, ID: 128

She is seeking for a group loan to enable her aquire more stock items for the business such as; 10 bras, undergarments, children's shoes and a bale of second hand clothes to expand the business that deals in the sale of second hand clothes for both children and adults located in Bulaga along Mityana road, Kampala. She commutes every day from Kajjansi to attend to the business. She has many years of experience and the business is very promising.

Loan status
Published
Loan product
Group Loan
Loan amount
UGX 800,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
21/10/2020
Published date
13/11/2020
Auction end date
04/12/2020
Disbursement date
04/12/2020

Disbursement fee
5.00 %
Interest commission
20.00 %
Lender interest limit
12.00 %
Cost for business
UGX 99,204
APR (Annual percentage rate)
61.68 %

Client name
Nakiwuge Agatha
Client description
Agatha is a resident of Kajjansi 'C' cell, Kajjansi Town Council, Wakiso district. She was born in 1988 and a member of Mulembe Group, operating a second hand clothes boutique.  
Client images
Due diligence status
Passed
Group
Mulembe
Description
The name is in Luganda language and in English it means being modern. The name inspires group members to work hard to improve themselves ecomically and socially. Members in this group have a common factor of being in the same SACCO.
Subgroup
A
Description
The subgroup is named following the alphabetic order.
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Mulembe/A 10/17/2019 Mulungi Doreen Repaid Chairperson
Mulembe/A 10/17/2019 Namujju Angella Repaid Member
Mulembe/A 10/17/2019 Walusimbi Lawrence Repaid Member
Mulembe/A 12/4/2020 Nakiwuge Agatha Published Member
Mulembe/A 12/4/2020 Walusimbi Lawrence Published Member
Mulembe/A 12/4/2020 Mulungi Doreen Published Chairperson
Mulembe/A 12/4/2020 Semusu Erias Tim Published Member
Mulembe/A 12/4/2020 Namujju Angella Published Treasurer
Mulembe/A 12/4/2020 Luyiga Hilda Catherine Published Member

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