Walusimbi Lawrence, Group Loan, ID: 95

Lawrence is a resident of Katale Bukwenda. He needs a loan to purchase twenty litres of cooking oil, one carton of wheat floor and one bag of charcoal. he earns a weekly income of ugx. 546,750 which is sufficeient to service the loan. he is protected by and umbrella during the hot sun and rainny season while baking the chapattis.

Loan status
Repaid
Loan product
Group Loan
Loan amount
UGX 300,000
Repayment period
24
Repayment interval
Weekly
Grace period
1

Create date
08/08/2019
Published date
03/10/2019
Auction end date
17/10/2019
Disbursement date
17/10/2019

Disbursement fee
4.00 %
Interest commission
15.00 %
Lender interest limit
12.00 %
Average lender interest
6.37 %
Cost for business
UGX 27,362
APR (Annual percentage rate)
42.46 %

Client name
Walusimbi Lawrence
Client description
He is a male client of born in 1985. a resident of Katale Bukwenda - Kikajjo Parish - Kyengera Town Council - Wakiso District. and operates a chapatti stall in Bukwenda market.
Client images
Due diligence status
Passed
Group
Mulembe
Description
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.
Subgroup
A
Description
The subgroup is named following the alphabetic order.
Officer Name
Waca Ivan
Group members
Group Disbursement Date Name Status Relation
Mulembe/A 10/17/2019 Mulungi Doreen Repaid Chairperson
Mulembe/A 10/17/2019 Namujju Angella Repaid Member
Mulembe/A 10/17/2019 Walusimbi Lawrence Repaid Member
Mulembe/A 12/4/2020 Nakiwuge Agatha Published Member
Mulembe/A 12/4/2020 Walusimbi Lawrence Published Member
Mulembe/A 12/4/2020 Mulungi Doreen Published Chairperson
Mulembe/A 12/4/2020 Semusu Erias Tim Published Member
Mulembe/A 12/4/2020 Namujju Angella Published Treasurer
Mulembe/A 12/4/2020 Luyiga Hilda Catherine Published Member

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