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funding gap emerging markets
Uganda

Joe Ogwang

  • Opportunity Bank
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  • Joe's need for the loan of EUR 67,550 is to stock sun flower seed during this harvest season and hire more people.

    €67,550
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€67,550
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 10 days on 15 May 2018.

      Summary

      Joe Ogwang is a businessman  operating a factory producing cooking oil in Lira town. His business is located in Lira industrial area fund in Northern part of Uganda. He has been in this business since 2016, she buys sun flower from farmers and extract cooking oil out of it for sale.

      The cooking oil is consumed locally and exported to Sudan. Joe's need for the loan is to stock sun flower seed during this harvest season, this will create job opportunities for the unemployed. 

      Local partner OBUL will provide the loan.

      Company nameJoe Ogwang
      CEOJoe Ogwang
      Founded2016-01-01
      LocationLira
      SectorAgriculture
      Turnover€810,810.81
      Employees17

      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 Joe Ogwang

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      investors