funding gap emerging markets
Uganda

Basooka Kwavula

  • Opportunity Bank
  • Local partner investment
  • + 55 other investors
  • With a loan of EUR 21,750 the female members of the Basooka Kwavula group can expand and increase their businesses.

    €21,750
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€21,750
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 4 April 2018.
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      Summary

      Basooka Kwavula is a solidarity group that was formed in 2016 and consists of 20 women. It is located  in Central part of Uganda. Members of the group are mostly bar operators, retail shop owners, saloon operators, food vendors and market vendors.

      The group members need this loan to enable them to improve and expand their businesses. This will increase their income and create job opportunities for the unemployed youth in their communities.

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

      Company nameBasooka Kwavula
      CEOAgnes Namusoke
      Founded2016-01-01
      LocationKampala
      SectorServices
      Turnover€173,913.04
      Employees20

      Impact

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

      • With this investment 5 jobs are created
      • With this investment 25 lives are improved

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      We have already contributed for Basooka Kwavula

      Gert Mosterd
      Boudewijn Gailliaert
      Christoph Kollenda
      Roderik Emmerink
      Menne Glas
      + and another
      55
      investors