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funding gap emerging markets
Uganda

Tuyangani Group

  • Opportunity Bank
  • Invest in microfinance
  • + 85 other investors

    • With a loan of EUR 23,950 the 10 members of the Tuyangani Group will be able to expand and hire unemployed youth.

    €23,950
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,950
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 hours on 11 April 2019.

      The project

      Tuyangani Group was this year 2019. The is located in Soroti town and it comprises of 10 members who are mainly retail traders and service providers like salon owners, food vendors.

      Their need for this loan is to enable them improve and expand their businesses hence creating job opportunities for the unemployed youth. 

      Local partner OBUL will provide the loan.

       

      Company nameOpportunity Bank
      CEOJohn Kabasege
      Founded2019-03-01
      LocationSoroti Town
      SectorWholesale / Retail
      Turnover€119,736.87
      Employees10

      Impact

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

      • With this investment 5 jobs are created
      • With this investment 25 lives are improved

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      We have already contributed to Tuyangani Group

      Ron van Eijk
      Alcanne Houtzaager MA
      Marco Mansveld
      Rein Goedkoop
      Robert Mars
      + and another
      85
      investors