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funding gap emerging markets
Uganda

Glory Group

  • Opportunity Bank
  • Invest in microfinance
  • + 50 other investors

    • With a loan of EUR 14,300 the 12 members of the Glory Group will be able to produce more baskets to export to Kenya.

    €14,300
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€14,300
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 hours on 12 September 2019.

      The project

      Glory Group is found in Entebbe, Cental region of Uganda. It was formed in 2019. The group has 12 members who are business oriented and very hard working people. They neat baskets that are exported to Kenya.

      Their need for the loan is for business expansion.

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOMariam Umar
      Founded2019-07-11
      LocationEntebbe
      SectorWholesale / Retail
      Turnover€119,300
      Employees12

      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 Glory Group

      B. Bloemink
      Ron van Eijk
      + and another
      50
      investors