funding gap emerging markets
Uganda

Mbarara Boda Boda Cycle

  • Opportunity Bank
  • Local partner investment
  • + 120 other investors
  • With a loan of EUR 35,800 the 15 members of the Mbarara Boda Boda Cycle Group will be able to improve and expand their businesses. 

    €35,800
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€35,800
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 20 hours on 28 September 2019.
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      Summary

      Mbarara Boda Boda Cycle Group is found in Nkokongjjero, Mbarara District in western Uganda. It was formed in 2012. The group comprises of 15 members who are mainly into transport, trade and farming business.

      Their need for this new loan is to enable them improve and expand their businesses. 

      Local partner OBUL will provide the loan.

      Company nameMbarara Boda Boda Cycle
      CEOLydia Ainembabazi
      Founded2012-01-03
      LocationMbarara
      SectorServices
      Turnover€143,160
      Employees15

      Impact

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

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

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      We have already contributed for Mbarara Boda Boda Cycle

      Aad Smits
      Nettie Stougje
      Ron van Eijk
      Ton Van der Meer
      Frans Wittenberg
      + and another
      120
      investors