Mutesasira Namawejje Sarah, Group Loan, ID: 132
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- Sarah is seeking a group loan to add on her existing stock of items such as; eight (8) more bags/sacks of charcoal worth UGX 455,000=, matooke worth UGX 180,000= and vegaetables worth 100,000= . The business is promising and profitable given the high demand for charcoal and vegetables in and around the sorrounding arrears. Once this loan is added to the existing capital, the business is expected to generate an estimated additional revenue of approximately UGX 460,000=. The risk in the business ia minimal given that charcoal is long lasting, vegetables are purchased for sale in quantities relative to client demands to avoid excess that could go bad.
- Loan status
- Published
- Loan product
- Group Loan
- Loan amount
- UGX 800,000
- Repayment period
- 24
- Repayment interval
- Weekly
- Grace period
- 1
- Create date
- 12/11/2020
- Published date
- 26/01/2021
- Auction end date
- 02/03/2021
- Disbursement date
- 02/03/2021
- Disbursement fee
- 5.00 %
- Interest commission
- 20.00 %
- Lender interest limit
- 12.00 %
- Average lender interest
- 10.08 %
- Cost for business
- UGX 96,002
- APR (Annual percentage rate)
- 59.30 %
- Client name
- Mutesasira Namawejje Sarah
- Client description
- Sarah is a born of 1973 and resident of Buzzi Cell, Kawuku, Kajjansi. She operates a raw foods and charcoal stall business.
- Client images
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- Due diligence status
- Passed
- Group
- Zion
- Description
- Zion is a group consisting of six members. The group is located in Kawuku, Kajjansi Town Council. The members are engaged in a number of economic activities such as brick laying or making, food stuffs business, boda boda and food poduce business. The members say the main aim of the group is to support each other to attain financial independence.
- Subgroup
- G
- Description
- G is a sub group of Zion and consists of six (6) members
- Officer Name
- Waca Ivan
- Group members
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Group Disbursement Date Name Status Relation Zion/G 3/2/2021 Nabeetya Oliver Magembe Published Chairperson Zion/G 3/2/2021 Nankya Daphine Published Treasurer Zion/G 3/2/2021 Mutesasira Namawejje Sarah Published Member Zion/G 3/2/2021 Nassozi Esther Published Member Zion/G 3/2/2021 Mulwanyi Ronald Published Member Zion/G 3/2/2021 Achore Winnie Fina Published Member