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funding gap emerging markets
Uganda

Twesige Mukama

  • Opportunity Bank
  • Invest in microfinance
  • + 57 other investors
  • With EUR 23,200 the members of the Twesige Mukama group are able to expand their business and thus increase their income.

    €23,200
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,200
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 6 September 2017.

      The project

      Twesige Mukama is a group comprising of men and women, it was formed in 2006 located in Kisenyi. The members are matured and hard working, they deal in produce like millet, maize sourgum and rice. The produce is milled packed and distrubuted to shops all over the city.

      The loan it will help them acquire additional machines for milling their produce, this will increase their earnings and create employment.

      Local partner OBUL provides the loan, which has to be repaid in 12 months.

      Company nameOpportunity Bank
      CEOYosamu Biryamuruwe
      Founded2006-01-01
      LocationKampala
      SectorDistribution and Processing
      Turnover€229,760.74
      Employees20

      Impact

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

      • With this investment 8 jobs are created
      • With this investment 32 lives are improved

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      We have already contributed to Twesige Mukama

      Bas Kleijnen
      Menne Glas
      Peter Boot
      Ivo Richaers
      Aad Smits
      + and another
      57
      investors