Nakidde Hadijah, Group Loan, ID: 63

Hadijah is seeking for a group loan to buy two bags of silver fish and some vegetables like tomatoes. She has been doing this business for nine years. The small amount of silver fish is sold at the stall but the large amount is sold in an external market in Kayunga district about 50km away from Kajjansi town towards Eastern Uganda on Jinja road. She is also planning to divest in a new market in Soroti district to sell silver fish there in the near future. Otherwise, the business is okay.

Loan status
Disbursed
Percent repaid
57 %
Loan product
Group Loan
Loan amount
UGX 800,000
Repayment period
24
Repayment interval
Weekly
Grace period
1
Remarks
5/19/2020 The lockdown period traped her in Kayunga far out of Kajjansi where she had gone to supply silver fish. She only hopes to re-organize herself after the restrictions are fully lifted. DESKTOP-A6TJ0AE\HP

Create date
07/05/2019
Published date
19/07/2019
Auction end date
21/08/2019
Disbursement date
21/08/2019

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
7.00 %
Cost for business
UGX 74,090
APR (Annual percentage rate)
43.21 %

Client name
Nakidde Hadijah
Client description
She is a married woman born in 1980, married and a resident of Kajjansi town and operating a silver fish and vegetable stall in Kajjansi town.
Client images
Due diligence status
Passed
Group
Alpha
Description
This finance group is located north of Kajjansi Market in Kajjansi town council.
Subgroup
Lion
Description
A lion is a known animal that is so strong which inpieres  group members to always work hard with a winning mentality to kick poverty out of their homes.
Officer Name
HP
Group members
Group Disbursement Date Name Status Relation
Alpha/Lion 8/21/2019 Nabagala Nuruh Defaulted Chairperson
Alpha/Lion 8/21/2019 Nakato Brenda Disbursed Member
Alpha/Lion 8/21/2019 Zawedde Sylvia Defaulted Treasurer
Alpha/Lion 8/21/2019 Nalwadda Aidah Disbursed Member
Alpha/Lion 8/21/2019 Nakidde Hadijah Disbursed Member

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