Nabadda Shadiah, Group Loan, ID: 17

She operates a road side kiosk for new mobile phones and accessories. The kiosk is in close proximity to Kajjansi Market. She needs the loan to buy more stock items like new feature/button mobile phones and accessories such as mobile phone covers, batteries, head phones and chargers. The business has no major risks except may be petty thieves but she applies vigilance. She is very committed and according to the daily sales figures, the business will be able to finance the loan.

Loan status
Loan product
Group Loan
Loan amount
UGX 1,000,000
Repayment period
Repayment interval
Grace period

Create date
Auction end date
Disbursement date

Disbursement fee
3.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
12.00 %
Cost for business
UGX 93,480
APR (Annual percentage rate)
43.16 %

Client name
Nabadda Shadiah
Client description
Nabadda Shadiah is a group member of Kajjansi II group, subgroup Tukolere Wamu. She is hardworking and trust worthy person.
Client images
Due diligence status
Kajjansi II
Kajjansi II 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 and fish stalls in Kajjansi market.
Tukolere wamu
It is a subgroup consisting of 5 members operating in Kajjansi market and these members took loans in the first cycle. In the second cycle, only 3 group members who have taken a second (repeat) loan.
Officer Name
Waca Ivan

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