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funding gap emerging markets
Uganda

New People Group

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  • Invest in a Financial Institution
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  • With a loan of EUR 23,850 the 15 members of the New People Group will be able to expand their fashion businesses.

    €23,850
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,850
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 hour on 14 August 2019.

      Summary

      New People Group is located in Gayaza town in central Uganda. It was formed in 2019, the group consists of 15 members who are mainly in fashion and designing and stationary business.

      Their need for the loan is to expand their businesses. The photo was taken during their weekly meeting.

      Local partner OBUL will provide the loan.

      Company nameNew People Group
      CEODoreen Nanteza
      Founded2019-01-02
      LocationGayaza, Kampala
      SectorWholesale / Retail
      Turnover€143,160.93
      Employees15

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 20 lives are improved

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      We have already contributed to New People Group

      Robbert Verkuijlen
      Peter Boot
      Thomas Maas
      Ron van Eijk
      Chris Vandenplas
      + and another
      86
      investors