Namusisi Sarah, Group Loan, ID: 74

She needs this business loan to buy a cow for producing milk she uses in the business of serving tea. It's zero grazing type of cow she needs to buy to help her in reducing the costs of buying the milk she uses for tea. Her school going children will her in looking after the animal in terms of feeding it.

Loan status
Repaid
Loan product
Group Loan
Loan amount
UGX 700,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
10/05/2019
Published date
24/05/2019
Auction end date
24/06/2019
Disbursement date
24/06/2019

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
4.14 %
Cost for business
UGX 60,367
APR (Annual percentage rate)
39.82 %

Client name
Namusisi Sarah
Client description
Sells tea, coffee and snacks
Previous loans
Id Date Amount Status Link
10 12-11-2018 UGX 500,000 Repaid show
Client images
Due diligence status
Passed
Group
Kajjansi I
Description
Kajjansi I is a group of traders who came together to secure small loans to inject in their small businesses under one umbrella group. Members in the group own vegetable stalls in Kajjansi market.
Subgroup
Suubi
Description
It is a subgroup of 5 members operating small businesses in Kajjansi market.
Officer Name
Waca Ivan

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