Nattembo Melida, Group Loan, ID: 97

She is up for a loan to purchase more food stock items such as pumpkins, sweet potatoes, yams and cassava. The food stall is situated in an open area in the market and she uses an umbrella as a temporary shelter. She suffers from rain water and heat but does not affect her sales. She has been operating the business for nineteen years which indicates a sign of business stability. 27/06/2020 Top-up loan Melida needs a top up loan of UGX 500,000/ to restock the business (Raw Food Stall) with items such as pumpkins, sweet potatoes, yams and cassava. During the period of tight restrictions, she used to sleep in the market according to the advice from the ministry of health to avoid contracting infections. However, there were very few customers, suppliers and low income which culminate to sharp business decline. This stimulus loan will help to resuscitate her business after the crisis of COVID-19. 

Loan status
Loan product
Group Loan
Loan amount
UGX 500,000
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
11.89 %
Cost for business
UGX 51,624
APR (Annual percentage rate)
49.02 %

Client name
Nattembo Melida
Client description
Melida is a female client born in 1976, resident of Bweya Central Cell. She Owns and operate a food stall in Kajjansi market. She has been doing this business for 18 years.
Previous loans
Id Date Amount Status Link
40 25-03-2019 UGX 500,000 Repaid show
Client images
Due diligence status
Kajjansi III
It's a new group formed with 10 members divided into two subgroups from Kajjansi market and outside.  
Bwavu mpologoma
Bwavu mpologoma is a proverb in Luganda which means that poverty is like a lion, if you don't fight hard, you cannot survive it. Second Cycle: All members in second cycle have applied for a repeat loan. In addition, Nattembo Melida has replaced Ssegawa Margret in the second cycle.
Officer Name
Waca Ivan

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