Uganda
Peace Development
With EUR 10,600 the members of Peace Development Group can improve their businesses and create jobs for the youth.
€10,600
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €10,600 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 21 hours on 25 December 2017.
The project
Read the information document of the issuer here
Peace Development is a group found in Eastern Uganda. It comprises of 15 members and most of them are men. The group was formed in 2007. Members of the group members have jobs as mechanics, transporters, shop owners and market vendors.
This loan will enable them expand, improve their businesses and create job opportunities for the unemployed youth.
Local partner OBUL provides this loan with a maturity of 12 months.
Company name | Opportunity Bank |
CEO | Shaban Anwar |
Founded | 2007-01-01 |
Location | Iganga |
Sector | Wholesale / Retail |
Turnover | €127,478.75 |
Employees | 15 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved
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We have already contributed to Peace Development
Piet van der Kooi
marian koning
+ and another
27
investors