Mulungi Doreen, Group Loan, ID: 84

She is up for a business group loan to purchase more stock items such as 5 bags of plantains (Matooke) and 3 bags of irish potatoes to increase on the stock levels the business holds currently. Doreen buys food produces in large amount and distributes to various Raw food vendours with food stalls or without but operating in an open ground space and collects payments after a day. She is also planning to have a Raw food stall near her home of residence to expand the business and sell off stock that has not been distributed in the market due to low demand which poses a risk to the business. She is a resident of Kajjansi C cell located within Kajjansi town council and has been doing this business for 4 years. She is confident with the business performance.

Loan status
Loan product
Group Loan
Loan amount
UGX 1,000,000
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
9.79 %
Cost for business
UGX 98,710
APR (Annual percentage rate)
46.52 %

Client name
Mulungi Doreen
Client description
She is a married female client of 33 years old, resident of Kajjansi C cell in Kajjansi town council and operating a Raw Food Stall in Kajjansi market.
Client images
Due diligence status
The name is in Luganda language and in English it means being modern. The name inspires group members to work hard to improve themselves ecomically and socially. Members in this group have a common factor of being in the same SACCO.
The subgroup is named following the alphabetic order.
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Mulembe/A 2/2/2021 Walusimbi Lawrence Disbursed Member
Mulembe/A 2/2/2021 Mulungi Doreen Disbursed Chairperson
Mulembe/A 2/2/2021 Semusu Erias Tim Disbursed Member
Mulembe/A 2/2/2021 Namujju Angella Disbursed Treasurer
Mulembe/A 2/2/2021 Luyiga Hilda Catherine Disbursed Member
Mulembe/A 2/2/2021 Nakiwuge Agatha Disbursed Member

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