Nagombe Edith, Group Loan, ID: 70

She is looking for a business loan to restock the vegetable stall with items such as a box of tomatoes, green peppers, carrots, onions, bananas and ground nuts. She buys those items in small quantities to match with the demand in the market so that can be bought in less days before they go bad.  Otherwise, the business is doing well.
Loan status
Repaid
Loan product
Group Loan
Loan amount
UGX 1,000,000
Repayment period
24
Repayment interval
Weekly
Grace period
1
Create date
09/05/2019
Published date
23/06/2019
Auction end date
19/07/2019
Disbursement date
19/07/2019
Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
8.80 %
Cost for business
UGX 96,566
APR (Annual percentage rate)
45.35 %
Client name
Nagombe Edith
Client description
Operates a vegetable stall in Kajjansi market
Previous loans
Id Date Amount Status Link
11 12-11-2018 UGX 500,000 Repaid show
Client images
Due diligence status
Passed
Group
Kajjansi IA
Description
This group is created to split Kajjansi I group so that disbursement can take place separately.
Subgroup
Agali Awamu
Description
It is a subgroup of 5 members operating small businesses in Kajjansi market.
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Kajjansi IA/Agali Awamu 7/19/2019 Nagombe Edith Repaid Chairperson
Kajjansi IA/Agali Awamu 7/19/2019 Bantaliza Williams Defaulted Member
Kajjansi IA/Agali Awamu 7/19/2019 Nanyonga Florence Repaid Member
Kajjansi IA/Agali Awamu 7/19/2019 Namusoke Najjuma Repaid Member

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