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funding gap emerging markets
Uganda

Kakira Development Group

  • Opportunity Bank
  • Invest in a Financial Institution
  • + 67 other investors
  • With a loan of EUR 23,950 the 15 members of the Kakira Development Group will be able to improve and expand their businesses.

    €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 1 day on 3 May 2019.

      Summary

      Kakira Development is a group that broke of from Kakira Growth due to the large numbers that one group could not contain. The group was formed in 2009 and it has 15 members.

      Most of the members are  employed by Kakira sugar factory and the too have their businesses that they employ others to do for them.

      Their need for the loan is to expand their businesses to enable them educate their children as most of the women are widows, 

      Company nameKakira Development Group
      CEOMargret Namukoso
      Founded2019-04-12
      LocationKakira , Jinja District
      SectorWholesale / Retail
      Turnover€100,942.65
      Employees15

      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 Kakira Development Group

      Marc Sierink
      Casper Roos
      Aad Smits
      Johan Feddema
      Sjoerd Wiersma
      + and another
      67
      investors