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funding gap emerging markets
Uganda

Nsumbi Development Association

  • Opportunity Bank
  • Invest in a Financial Institution
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  • With a loan of EUR 23,750 the Nsumbi Development Association will be able to expand the businesses of the 15 members.

    €23,750
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,750
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 hours on 4 February 2019.

      Summary

      Nsumbi Development Association is found in Nsumbi Located in Wakiso District. The group comprises of 15 members who are mostly women.The group members are mainly food vendors, salon owners, and traders.

      This loan will enable them to improve and expand their businesses.

      Local partner OBUL will provide the loan.

      Company nameNsumbi Development Association
      CEOAdijah Namakula
      Founded2014-07-01
      LocationNsumbi Wakiso District
      SectorServices
      Turnover€118,871.64
      Employees15

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 15 lives are improved

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      We have already contributed to Nsumbi Development Association

      Suzan van der Meij
      Peter Boot
      Bas van de Haterd
      Ina Beuving
      Boudewijn Gailliaert
      + and another
      79
      investors