Tusubira Foundation

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Uganda

Tusubira Foundation

Opportunity Bank

Invest in microfinance

+ 66 other investors

With a loan of EUR 24,800 the Tusubira Foundation will be able to build a shelter for bricks and buy a truch for transport.

€24,800

Amount

3.50%

Interest

12 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€24,800
Interest	3.50%
Maturity	12 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 2 days on 31 August 2017.

The project

Tusubira Foundation is a group that was formed in 2006, their meeting place is located in Mbuya. The group has 30 members comprising of women and men. Their business are mainly bricks making, Farming, trading, services like catering and transport. Their business have grown in that they started by borrowing UGX500,000 now they borrower UGX3,500,000 per person.

The request for this loan is to enable them build a shelter for the bricks and buy a truck for transporting the bricks. This will increase their earnings and create jobs for jobless youth.

Company name	Opportunity Bank
CEO	Margret Wako
Founded	2006-01-01
Location	Kampala
Sector	Manufacturing / Production
Turnover	€212,164.07
Employees	30

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 Tusubira Foundation

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