Nakanwagi Phionah, Group Loan, ID: 55

She needs a loan to buy more food items for the Food stall business such as a bag of plantains (matooke), box of tomatoes, onions and vegetables. She attends to this business during day from 8.00 am-6.00pm and later in the evening she operates a sewing machine (tailoring) so as to earn some additional income. She has been operating these businesses for 2 years. The demand for raw food is readily available. However, all the stock items are perishable by nature and she has no fridge to keep them longer. When plantains (matooke) over stay for a week or so days, they start ripping by turning yellow making them not suitable for food and culminates into a financial loss.

Loan status
Percent repaid
36 %
Loan product
Group Loan
Loan amount
UGX 500,000
Repayment period
Repayment interval
Grace period

Create date
Published date
Auction end date
Disbursement date

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
9.64 %
Cost for business
UGX 49,198
APR (Annual percentage rate)
46.34 %

Client name
Nakanwagi Phionah
Client description
Phionah is a married woman born in 19. resident of Lweza “B” Cell. She operates a Raw food stall in the same location where she lives.
Client images
Due diligence status
The name is in Luganda language and in English it means love. The members love to help one another to improve their financial health. The group is located East of Kajjansi town on the left-hand side of Entebbe road from the city center in Lweza “B” Cell (village). They are in particular situated at the peripheral of the village overlooking a newly developed housing estate of Lubowa.
Group members took on this name because all members in the group are women who appreciate themselves so well and came together to fight poverty and reduce on the gender gap in their community.
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Kwagala/Precious 9/12/2019 Kansiime Sarah Disbursed Secretary
Kwagala/Precious 9/12/2019 Nakaweesa Christine Disbursed Treasurer

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