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funding gap emerging markets
Uganda

Friendship Group

  • Opportunity Bank
  • Invest in microfinance
  • + 50 other investors

    • With a loan of EUR 23,500 the 5 members of the Friendship Group will be able to buy more land and expand their farms.

    €23,500
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,500
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 hours on 26 December 2018.

      The project

      Friendship group is located in Nantabutilyua Mukono District. It comprises of 5 members, the group was formed in 2017.

      The group members are very hardworking people. They are mainly traders and farmers, their need for the loan is to enable them acquire more land for farming and to expand their businesses 

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEORuth Auma
      Founded2017-01-01
      LocationMukono
      SectorAgriculture
      Turnover€236,985
      Employees5

      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 10 lives are improved

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      We have already contributed to Friendship Group

      Marc Sierink
      PHUYS Huys
      Olaf Janssen
      Dirk Rentmeester
      Peter Boot
      + and another
      50
      investors