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funding gap emerging markets
Uganda

Labori Aipecitoi Farmers Group

  • Opportunity Bank
  • Invest in a Financial Institution
  • + 18 other investors
  • With a loan of EUR 11,500 the 12 members of the Labori Aipecitoi Farmers Group can acquire more land for the next planting season.

    €11,500
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€11,500
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 hours on 31 May 2018.

      Summary

      The Labori Aipecitoi Farmers Group was formed at the beginning of this year 2018 in Soroti, in the Eastern part of Uganda. The group comprises of 12 members who are mainly farmers. They grow millet, beans, cassava, sorgum, maize, groundnuts and simsim on a commercial basis.

      With this loan, they are able to acquire more farm land for the next planting season. 

      Local partner OBUL provides this loan with a maturity of 6 months. 

      Company nameLabori Aipecitoi Farmers Group
      CEOAugustine Malinga
      Founded2018-01-01
      LocationSoroti
      SectorAgriculture
      Turnover€68,933.82
      Employees12

      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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      We have already contributed to Labori Aipecitoi Farmers Group

      A. Pronk
      Marco Mansveld
      Niek de Bruijn
      Leendert Smit
      Frans Wittenberg
      + and another
      18
      investors