funding gap emerging markets
Uganda

Tulsa Investments LTD

  • FinancialAccess
  • Local partner investment
  • + 186 other investors
  • With a loan of EUR 120,000, Georgeous will continue to solve up to 30% of Uganda’s printing and packaging problem.

    €120,000
    Amount
    6.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€120,000
    Interest6.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 20 October 2017.
      Choose amount
      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Read the information document of the issuer here

      Short statement

      With a working capital facility of EUR 120,000, Tulsa Investment limited will continue to solve up to 30% of Uganda’s printing and packaging problem – solving a major bottleneck holding back the country’s manufacturing sector.

      Detailed description

      Georgeous Kasangaki represents a new generation of highly successful women entrepreneurs that are determined to transform Africa. With her formative business years spent in commercial banking, Gorgeous experienced firsthand how Uganda’s manufacturing sector was struggling to become globally competitive. A key bottleneck – especially in the FMCG segment – concerns packaging, branding and printing.  Without competitive domestic packaging materials, entrepreneurs need to resort to expensive importing of bulk materials, often from China – which means a drain on cash flow and FX reserves.

      On the basis of savings and some initial seed capital, Tulsa started business in 2012 and has reached sales of over EUR 4.4 mln in barely 5 years operations.  This is a stellar performance, and today the company has become a leading supplier of state-of-the-art packaging materials, as well as stationery and print services.

      With assistance of FACTS financing, Tulsa will expand operations throughout Uganda, and start servicing clients farther away from Kampala, and in the surrounding countries of Kenya, Tanzania and Rwanda.  This will ultimately make the business one of the major exporters of packaging and branding material to countries within the East African Community.

       

      Company nameTulsa Investments LTD
      CEOGeorgeous Kasangaki
      Founded2012-01-01
      LocationKampala
      SectorManufacturing / Production
      Turnover€4,109,910.75
      Employees30

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 25 jobs are created
      • With this investment 100 lives are improved

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed for Tulsa Investments LTD

      Daphne Hes
      Erik Hamelink
      Menne Glas
      Frans Wittenberg
      Marlies Witteveen
      + and another
      186
      investors