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
Disbursed
Percent repaid
7 %
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
27/01/2021
Disbursement date
02/02/2021

Disbursement fee
5.00 %
Interest commission
20.00 %
Lender interest limit
12.00 %
Average lender interest
9.34 %
Cost for business
UGX 94,758
APR (Annual percentage rate)
58.37 %

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 2/2/2021 Walusimbi Lawrence Disbursed Member
Mulembe/A 2/2/2021 Mulungi Doreen Disbursed Chairperson
Mulembe/A 2/2/2021 Semusu Erias Tim Disbursed Member
Mulembe/A 2/2/2021 Namujju Angella Disbursed Treasurer
Mulembe/A 2/2/2021 Luyiga Hilda Catherine Disbursed Member
Mulembe/A 2/2/2021 Nakiwuge Agatha Disbursed Member

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