UgandaCharles
With EUR 54,200 Charles will be able to acquire Uganda Tree Growers Ltd Company that owns 12 acres of pines.
€54,200
3.50%
12 months
6 months
EUR
Currency| Amount | €54,200 |
| Interest | 3.50% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Charles is a farmer owning a pine plantation in Luweero District. He has a business of pine growing and upon maturity, he sells them off and also has a tree nursery business that sells seedlings to other farmers.
His need for the loan is to purchase Uganda Tree Growers Ltd (UTRL) Company that owns 12 acres of pine parent stock and seedlings at Busiika. The purchase will include acquiring 100% of the company's assets and operations excluding liabilities.
Lokal partner OBUL will provide the loan to Charles. The loan has to be repaid within 12 months.
| Company name | Opportunity Bank |
| CEO | Charles . |
| Founded | 2009-01-01 |
| Location | Luweero |
| Sector | Agriculture |
| Turnover | €212,334.26 |
| Employees | 8 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 10 jobs are created
- With this investment 40 lives are improved
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We have already contributed to Charles
Jaap BoersemaCorné de HaasCees van IperenFrans WittenbergMenne Glas