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funding gap emerging markets
Uganda

Elgon Cell B Group

  • Opportunity Bank
  • Invest in a Financial Institution
  • + 59 other investors
  • With a loan of EUR 19,100 the 8 members of the Elgon Cell B Group will be able to expand their businesses.

    €19,100
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€19,100
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 hours on 2 September 2019.

      Summary

      Elgon Cell B Group is located in Elgon Cell Mbale District. It comprises of 8 members who are mainly traders and farmers.

      The group was formed in 2018.Their need for the loan is to enable them expand their businesses. The photo was taken during their weekly meeting.

      Local partner OBUL will provide the loan.

      Company nameElgon Cell B Group
      CEOAmina Kayegi
      Founded2018-07-09
      LocationElgon Cell, Mbale
      SectorWholesale / Retail
      Turnover€119,300.78
      Employees8

      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 Elgon Cell B Group

      Coen van Harmelen
      Edwin Tofield
      Peter Boot
      Ron van Eijk
      Jan de Wit
      + and another
      59
      investors