Nabbosa Sarah, Group Loan, ID: 93

To increase the business stock with items such as 5 crates of beer and a 20 litre jerican of Uganda warragi (gin). She is currently sleeping in the same room with the bar to avoid curfew hours when going back home. Due to Corona virus, bars are still restricted but since the bar doubles as her home, she can serve customers who buy and takeaway. She has been operating the business for the last fouteen years which helps her to know the dynamics in the business and address them as soon as possible.

Loan status
Disbursed
Percent repaid
31 %
Loan product
Group Loan
Loan amount
UGX 500,000
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
11.93 %
Cost for business
UGX 61,931
APR (Annual percentage rate)
61.59 %

Client name
Nabbosa Sarah
Client description
She is a resident of Kajjansi 'A' operating a  bar
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

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