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funding gap emerging markets
Uganda

Step By Step Group

  • Opportunity Bank
  • Invest in microfinance
  • + 118 other investors

    • With a loan of EUR 37,050 the 15 members of the Step by Step Group will be able to expand and improve their businesses.

    €37,050
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€37,050
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 18 October 2019.

      The project

      Step By Step Group is found in Jinja District located in western Uganda. The group was formed in 2019, it comprises of 15 members who are retail traders and service providers offering salon and restaurant services.

      Their need for the loan is to enable them expand and improve the businesses.

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOEvalyn Nagaba
      Founded2019-01-03
      LocationKasanja Jinja District
      SectorWholesale / Retail
      Turnover€123,438
      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 Step By Step Group

      André Kloosterman
      Ralph van Baaren
      Aad Smits
      Joop Singeling
      Thomas Maas
      + and another
      118
      investors