Nalugo Angela, Group Loan, ID: 21

She needs a loan to purchase items such as food stuff, Flasks, cups and plates.

Loan status
Loan product
Group Loan
Loan amount
UGX 800,000
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 %
Average lender interest
1.00 %
Cost for business
UGX 63,266
APR (Annual percentage rate)
36.09 %

Client name
Nalugo Angela
Client description
Nalugo Angela is a female born in 1984 and a resident of Kajjansi town council. She is a member of  Kajjansi Group 3 of subgroup Bwavu mpologoma. Angela is operating a local restaurant serving tea and local food. She serves food and tea to walk-in customers and also delivers to customers in their work places like offices, shops etc. The business area is under a good market shelter where she has a space for cooking stoves and serving area for customers.
Client images
Due diligence status
Kajjansi III
It's a new group formed with 10 members divided into two subgroups from Kajjansi market and outside.  
Bwavu mpologoma
Bwavu mpologoma is a proverb in Luganda which means that poverty is like a lion, if you don't fight hard, you cannot survive it. Second Cycle: All members in second cycle have applied for a repeat loan. In addition, Nattembo Melida has replaced Ssegawa Margret in the second cycle.
Officer Name
Waca Ivan

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