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UgandaKasabalanca Group
With a loan of EUR 24,700 the 20 members of the Kasabalanca Group will be able to buy more land and grow more sugar cane.
€24,700
Amount
3.50%
Interest
6 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €24,700 |
| Interest | 3.50% |
| Maturity | 6 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 17 hours on 18 October 2019.
The project
Kasabalanca Group is found in Iganga town located eastern Uganda. The group was formed in 2016, it comprises of 20 members who are mostly retail traders and farmers who supply sugar cane to Kakira factory.
This loan will enable them to expand their businesses and acquire more land for sugar cane growing.
Local partner OBUL will provide the loan.
| Company name | Opportunity Bank |
| CEO | Namusoke Kasifa |
| Founded | 2019-10-02 |
| Location | Iganga Town |
| Sector | Wholesale / Retail |
| Turnover | €148,126 |
| Employees | 20 |
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 Kasabalanca Group
André KloostermanPeter BootLot HagenaarsMarco MansveldRalph van Baaren+ and another
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investors