Nakyanzi is up for a loan to restock the bar with variety of items like 2 crates of beer, sackets of Vodka, Uganda walagi and Omukomboti beer. The business is dull during day with 2 or 3 customers but begins to be vibrant from 7.00 PM EAST to midnight. Virtually many of the bottles were empty in the shelves as she was on her way to order for more stock at the time Sseguku carried out the assessment.
Auction end date
Lender interest limit
Cost for business
APR (Annual percentage rate)
Phinah relates well with her group members, friendly and hardworking person. She is running a bar in Lweza B near her home with her daughter as the sales person. She has gained working experience in doing this business for three years which makes her comfortable in managing it.
Due diligence status
This finance group was formed by 5 women pioneer members with the aim of taking group loans from Sseguku Microfinance to finance their individual businesses respectively. The group is found in Lweza Cell B, a village located North Eastern part of Kajjansi town in a distance of approximately 1.5 km along Entebbe airport road. Since it’s a residential area, people set up businesses on individual basis such as in their homes, garages, backyard, along the street in make-shift structures etc. It makes them prone to varying challenges compared to those in an organized market but on the other hand leverage on less expenses like rent, taxes etc.
The first group of 5 women members were categorized into a sub unit which they unanimously given a name Favour to easily manage the group. The name was suggested by Sifa, the chairperson and seconded by the rest of the group members.