Uganda
Stephen Matsiko
With a loan of EUR 12,000 Stephen and Lillian can create new jobs for unemployed youth by opening up another branch.
€12,000
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €12,000 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 8 hours on 30 March 2018.
Summary
Stephen Matsiko and Lillian Kyakuheire are partners in printing school exams and distributing them. Their business is located in Mbarara Town. The business was started in Bushenyi in 1997 and now it has 26 branches all over Uganda.
Their need for this loan is to increase working capital for their business and to enable them to open another branch. This creates more jobs for the unemployed youth.
Local partner OBUL provides this loan with a maturity of 12 months.
Company name | Stephen Matsiko |
CEO | Stephen Matsiko |
Founded | 1997-01-01 |
Location | Mbarara |
Sector | Services |
Turnover | €177,777.77 |
Employees | 54 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 4 jobs are created
- With this investment 20 lives are improved
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