Uganda
Lusaka Model
With a loan of EUR 23,050 the 15 members of the Lusaka Model will be able to expand their businesses in Uganda.
€23,050
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €23,050 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 7 hours on 24 August 2018.
The project
Lusaka Model is a solidarity group that found in Hoima town located in western Uganda. The group consist of 15 members, it was formed in 2017.
The members are mainly shop owners, bar owners, restaurant owners and salon owners. Their need for the loan is for business improvement and expansion.
Local partner OBUL will provide the loan.
Company name | Opportunity Bank |
CEO | Mary Nalubombwe |
Founded | 2017-01-01 |
Location | Hoima |
Sector | Wholesale / Retail |
Turnover | €114,942.52 |
Employees | 15 |
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 15 lives are improved
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We have already contributed to Lusaka Model
Niek de Bruijn
Frank Fekken
Jaap Boersema
Els Mol
Jan de Wit
+ and another
49
investors