Nassuna Sarah, Group Loan, ID: 9

She needs this loan to restock the retail shop with items such as sugar, boxes of soap, boxes of candles, food stuffs, grains and maize flour.  The additional stock items purchased using a group loan will help the business to be fully stocked with all items and step up on the sales revenue. In the due course, she will be able to realise a good income and business expansion.

Loan status
Cancelled
Loan product
Group Loan
Loan amount
UGX 200,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
16/04/2018
Auction end date
31/08/2018
Disbursement date
04/07/2018

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Cost for business
UGX 20,696
APR (Annual percentage rate)
49.15 %

Client name
Nassuna Sarah
Client description
Operates a retail shop in Kajjansi town selling house hold items.
Client images
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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