Uganda
Luwana Women's Group
With a loan of EUR 22,450 the members of the Luwana Women's Group will be able to acquire more land for farming.
€22,450
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €22,450 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 1 day on 31 January 2018.
The project
Read the information document of the issuer here
Luwana Women's Group was formed in 2008, it consist of 20 members. The members are mainly farmers producing food crop for commercial purpose.
The group started by borrowing UGX 500,000 now they borrow up to the tune of UGX 5M. Their need for this loan is to enable them acquire more land for farming.
Local partner OBUL will provide the loan.
Company name | Opportunity Bank |
CEO | Sarah Lubanga |
Founded | 2008-01-01 |
Location | Jinja |
Sector | Agriculture |
Turnover | €67,324.95 |
Employees | 20 |
Impact
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- With this investment 5 jobs are created
- With this investment 25 lives are improved
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We have already contributed to Luwana Women's Group
Menne Glas
Ton Schroer
Dirk Rentmeester
Frank Fekken
Marc Sierink
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