Nalongo Group

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Uganda

Nalongo Group

Opportunity Bank

Invest in microfinance

+ 60 other investors

With a loan of EUR 23,600 the members of the Nalongo Group are able to modernise and expand their businesses.

€23,600

Amount

3.50%

Interest

12 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€23,600
Interest	3.50%
Maturity	12 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 3 days on 6 January 2018.

The project

Read the information document of the issuer here

Nalongo Group was formed in 2008 in Uganda. It comprises of 20 members, both men and women. The group members are into poultry farming, retail trade, saloon business, market vendors and liquid soap manufacturing.

This loan will enable the members to improve and expand ther businesses to a modern standard hence attracting many customers and creating new job opportunities.

Local partner OBUL provides this loan with a maturity of 12 months.

Company name	Opportunity Bank
CEO	Keneth Tugume
Founded	2008-01-01
Location	Kampala
Sector	Wholesale / Retail
Turnover	€283,286.11
Employees	20

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 Nalongo Group

Jan van Munster

Derkjan van Veen

Niek de Bruijn

Piet van der Kooi

marian koning

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