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funding gap emerging markets
Uganda

Kwekulakulanya Group

  • Opportunity Bank
  • Invest in microfinance
  • + 82 other investors
  • With a loan of EUR 35,100 the 26 members of the Kwekulakulanya Group will be able to expand by purchasing more land.

    €35,100
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€35,100
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 hours on 9 November 2018.

      The project

      Kwekulakulanya group is located in Kakobe Kabimbiri in Mukono District. The group comprises of 26 members who are both members and women. It was formed in 2012.

      The members are mostly coffee farmers, but also retail traders and bodaboda riders. Their need for this loan is to help them adopt to modern farming methods and acquire more land for farming. The traders wants to expand and improve their businesses. 

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOSulaiman Lutakome
      Founded2012-01-01
      LocationMukono
      SectorAgriculture
      Turnover€187,178.28
      Employees26

      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 Kwekulakulanya Group

      Derkjan van Veen
      Johan van Putten
      Anastasios Krommydas
      Paula de Geus
      Edwin Tofield
      + and another
      82
      investors