funding gap emerging markets
Uganda

Nalongo Group

  • Opportunity Bank
  • Local partner investment
  • + 60 other investors
  • With a loan of EUR 23,600 the members of the Nalongo Group are able to modernise and expand their businesses.

    €23,600
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,600
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 6 January 2018.
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      Summary

      Read the information document of the issuer here

      Nalongo Group was formed in 2008 in Uganda. It comprises of 20 members, both men and women. The group members are into poultry farming, retail trade, saloon business, market vendors and liquid soap manufacturing.

      This loan will enable the members to improve and expand ther businesses to a modern standard hence attracting many customers and creating new job opportunities. 

      Local partner OBUL provides this loan with a maturity of 12 months. 

      Company nameNalongo Group
      CEOKeneth Tugume
      Founded2008-01-01
      LocationKampala
      SectorWholesale / Retail
      Turnover€283,286.11
      Employees20

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      We have already contributed for Nalongo Group

      Derkjan van Veen
      marian koning
      Jan van Munster
      Niek de Bruijn
      Menne Glas
      + and another
      60
      investors