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funding gap emerging markets
Uganda

Mutungu Stars

  • Opportunity Bank
  • Invest in microfinance
  • + 12 other investors

    • With 16,400 the members of the Mutungu Stars group are able to expand their businesses and increase their income.

    €16,400
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€16,400
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 hours on 23 August 2017.

      The project

      Mutungu Stars comprises of 24 members. It has an enthusiastic character of members who sit very early in the morning.The women do tailoring and the men have special hire car or motorcycle for transporting passengers. With the loan from the bank they have build houses and educated their children.   

      Company nameOpportunity Bank
      CEOVincent Mperere Lutakome
      Founded2004-01-01
      LocationLuzira Kampala
      SectorServices
      Turnover€198,440.82
      Employees24

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 16 lives are improved

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      We have already contributed to Mutungu Stars

      Niek de Bruijn
      Aad Smits
      Ferdie Daanen
      Dirk Rentmeester
      + and another
      12
      investors