Basooka Kwavula

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Uganda

Basooka Kwavula

Opportunity Bank

Invest in microfinance

+ 55 other investors

With a loan of EUR 21,750 the female members of the Basooka Kwavula group can expand and increase their businesses.

€21,750

Amount

3.50%

Interest

12 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€21,750
Interest	3.50%
Maturity	12 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 3 days on 4 April 2018.

The project

Basooka Kwavula is a solidarity group that was formed in 2016 and consists of 20 women. It is located in Central part of Uganda. Members of the group are mostly bar operators, retail shop owners, saloon operators, food vendors and market vendors.

The group members need this loan to enable them to improve and expand their businesses. This will increase their income and create job opportunities for the unemployed youth in their communities.

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

Company name	Opportunity Bank
CEO	Agnes Namusoke
Founded	2016-01-01
Location	Kampala
Sector	Services
Turnover	€173,913.04
Employees	20

Impact

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

With this investment 5 jobs are created
With this investment 25 lives are improved

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We have already contributed to Basooka Kwavula

Menne Glas

Han de Haas

Jos Schreur

Roderik Emmerink

Gert Mosterd

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