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funding gap emerging markets
Uganda

City Gargets

  • Opportunity Bank
  • Invest in microfinance
  • + 37 other investors

    • With a loan of EUR 23,000 Moses will be able to open another branch of the business, selling electronic devices.

    €23,000
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,000
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 29 August 2018.

      The project

      City Gargets is a business owned by Moses Ronailiyoro and his wife. They deal in radios, televison and mobile phones. They started this business way back in 2012.

      Currently they are employing 1 person.This loan will enable them open another branch.

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOMoses Ronailiyoro
      Founded2012-01-01
      LocationHoima
      SectorAgriculture
      Turnover€114,942.52
      Employees1

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to City Gargets

      Niek de Bruijn
      Aad Smits
      Andries Bonneur
      Boudewijn Gailliaert
      Ron van Eijk
      + and another
      37
      investors