Nambi Proscovia, Group Loan, ID: 14

She is looking for a business loan to purchase more stock items like a box of tomatoes, green peppers, carrots, onions for re-stocking the vegetable stall. She buys those items in small quantities  in proportion to the demand in Kajjansi market so that can be bought in two or three days before they go bad since traders in the market have no cooling rooms for such perishables. However, there is a risk potential where vegetables can go bad, business looses customer goodwill, sales go down and eventually face delinquent problemss in paying back the loan. The additional stock items purchased using a group loan will help the business to be fully stocked with all items, attract customers and increase daily sales. As the business progresses, she will be able to increase her income and business growth.

Loan status
Loan product
Group Loan
Loan amount
UGX 500,000
Repayment period
Repayment interval
Grace period

Create date
Auction end date
Disbursement date

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Cost for business
UGX 51,740
APR (Annual percentage rate)
49.15 %

Client name
Nambi Proscovia
Client description
Operates vegetable stall
Kajjansi I
Kajjansi I is a group of traders who came together to secure small loans to inject in their small businesses under one umbrella group. Members in the group own vegetable stalls in Kajjansi market.
Agali awamu
5 subgroup members operating small businesses in Kajjansi market.
Officer Name
Waca Ivan

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