Uganda
Kwekulakulanya Group
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
CurrencyAmount | €35,100 |
Interest | 3.50% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
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 name | Opportunity Bank |
CEO | Sulaiman Lutakome |
Founded | 2012-01-01 |
Location | Mukono |
Sector | Agriculture |
Turnover | €187,178.28 |
Employees | 26 |
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
Edwin Tofield
Derkjan van Veen
Paula de Geus
Anastasios Krommydas
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