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funding gap emerging markets
Uganda

Tulsa Investments LTD 2

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  • With a loan of EUR 53,600 Georgeous will be able to increase the production of her printing and packaging company.

    €53,600
    Amount
    6.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€53,600
    Interest6.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 hours on 20 April 2018.

      Summary

      Georgeous Kasangaki represents a new generation of highly successful women entrepreneurs that are determined to transform Africa. With her formative business years spent in commercial banking, Gorgeous experienced firsthand how Uganda’s manufacturing sector was struggling to become globally competitive. A key bottleneck – especially in the FMCG segment – concerns packaging, branding and printing.  Without competitive domestic packaging materials, entrepreneurs need to resort to expensive importing of bulk materials, often from China – which means a drain on cash flow and FX reserves.

      On the basis of savings and some initial seed capital, Tulsa started business in 2012 and has reached sales of over EUR 4.4 mln in barely 5 years operations. This is a stellar performance, and today the company has become a leading supplier of state-of-the-art packaging materials, as well as stationery and print services.

      With a loan of EUR 53,600 Georgeous will be able to increase the production of her printing and packaging company.

      Company nameTulsa Investments LTD 2
      CEOGeorgeous Kasangaki
      Founded2012-01-01
      LocationKampala
      SectorManufacturing / Production
      Turnover€3,857,820.57
      Employees40

      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 Tulsa Investments LTD 2

      Leendert Smit
      Frans Wittenberg
      Jan de Wit
      Corné de Haas
      Boudewijn Gailliaert
      + and another
      113
      investors