Uganda
Nsumbi Development Association
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
CurrencyAmount | €23,750 |
Interest | 3.50% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 3 hours on 4 February 2019.
The project
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 name | Opportunity Bank |
CEO | Adijah Namakula |
Founded | 2014-07-01 |
Location | Nsumbi Wakiso District |
Sector | Services |
Turnover | €118,871.64 |
Employees | 15 |
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
Ina Beuving
Suzan van der Meij
Peter Boot
Edwin Tofield
Lot Hagenaars
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investors