The project

Warning

In the coming period there are different conditions for this partner. More information can be found here.

• The interest rate has been temporarily increased by 0,5 percentage point to accommodate the growing uncertainty associated with COVID-19.
• In addition, this investee is allowed - provided they continue to comply with the applicable covenants - to refinance future repayments to Lendahand investors with the funds raised from this project.
• Repayments occur after 12 months, not after 6 months (grace period).

Information document issuing entity (NL)

Information note issuing entity (BE)

Orange Group  is located in Jinja town in eastern Uganda. It was formed in 2009. The group comprises of 10 members who are traders, service providers and most of the men are into transport business. Their need for the loan is to enable them acquire new taxis and others to increase their working capital which will increase their earnings.