Namutebi Catherine, Group Loan, ID: 22

She needs a loan to purchase more stock items such as onions, tomatoes and charcoal stoves.

Loan status
Repaid
Loan product
Group Loan
Loan amount
UGX 500,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
12/12/2018
Auction end date
21/01/2019
Disbursement date
22/01/2019

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

Client name
Namutebi Catherine
Client description
Namautebi Catherine is a female born in 1950 and a permanent resident of Kajjansi “A” Cell. She is a member of Kajjansi group 3 of subgroup Bwavu mpologoma. Catherine is operating a vegetable stall in Kajjansi market. The stall is under a good shelter which keeps the vegetables safe and fresh.
Client images
Group
Kajjansi III
Description
It's a new group formed with 10 members divided into two subgroups from Kajjansi market and outside.  
Subgroup
Bwavu mpologoma
Description
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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