UgandaKolo Development Group
With a loan of EUR 22,950 the 11 members of the Kolo Development Group can expand their companies.
€22,950
Amount
3.50%
Interest
6 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €22,950 |
| Interest | 3.50% |
| Maturity | 6 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 36 minutes on 19 September 2018.
Summary
Kolo Development group is located in Mukono, it was formed in 2018. The group consist of 11 mature members who are very hard working and are mostly women. The members are mainly traders, food vendors, market vendors and saloon owners.
The members started by getting loan of between UGX 500,000 and 800,000 now others are getting above UGX 1,000,000, an indication of a growing business. Their need for the loan is to help them improve and expand their businesses. The photo was taken during their weekly group meeting. We have 3 such groups in the same area.
| Company name | Kolo Development Group |
| CEO | Joshua Owoko |
| Founded | 2018-01-01 |
| Location | Mukono |
| Sector | Agriculture |
| Turnover | €114,836.93 |
| Employees | 11 |
Impact
There is currently no information available for this section. Check the Summary tab for more.
- With this investment 3 jobs are created
- With this investment 15 lives are improved
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We have already contributed to Kolo Development Group
Marco MansveldCasper RoosDerkjan van VeenCoen van Harmelen+ and another
42
investors