Nakalanzi Edith Kikomeko, Group Loan, ID: 92

Edith operates a vegetable stall located East of Kajjansi Town Council. She needs a group loan to increase on stock items such as Box of tomatoes, a bag of plaintains (Matooke), box of egg plants, box of onions, sweet potatoes, cabbage, cassava, pumpkins and 5 bags of charcoal. She expects sales revenue of UGX 620,000/ ($168) per month. She has been doing this business for five years and employs one staff. She buys vegetables in small quantities because are perishable if they over stay on the shelves. She also operates a side business of brick laying where she employs 5 people to make bricks. Vegetable business contributes 18% while brick laying earns 82% of her income.  

Loan status
Disbursed
Percent repaid
9 %
Loan product
Group Loan
Loan amount
UGX 1,000,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
18/06/2019
Published date
20/07/2020
Auction end date
14/09/2020
Disbursement date
14/09/2020

Disbursement fee
5.00 %
Interest commission
20.00 %
Lender interest limit
12.00 %
Average lender interest
9.98 %
Cost for business
UGX 119,790
APR (Annual percentage rate)
59.17 %

Client name
Nakalanzi Edith Kikomeko
Client description
Owns a stall in one village of Kawotto 'A' where she sells vegetables and chackoal.
Client images
Due diligence status
Passed
Group
Favour
Description
Group members came together because a chance favours a hardworking and ready mind. All members work and live in Kajjansi town.  
Subgroup
One
Description
This subgroup name is called One. They chose this name because it's the first subgroup in the entire group.  
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Favour/One 9/14/2020 Namukasa Annet Disbursed Secretary
Favour/One 9/14/2020 Nakalanzi Edith Kikomeko Disbursed Member
Favour/One 9/14/2020 Nabbosa Sarah Disbursed Member
Favour/One 9/14/2020 Nakitto Winnie Disbursed Chairperson
Favour/One 9/14/2020 Niwabiine Pleasant Disbursed Member

Back to List