Kakira Growth Group
With a loan of EUR 60,800 Opportuntiy Bank Uganda will be able to provide working capital to the 20 members of Kakira Growth Group, so they can by more farm inputs.
- Local partner investment
- 5 nieuwe banen
- 25 mensen bereikt
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).
Kakira Growth Group is located in Kakira town, Jinja District in eastern Uganda. The group was formed in 2004. It comprises of 25 members who are service providers, traders, transporters and farmers.This new loan will increase their working capital,enable them to access high quality farm inputs hence high yields and to enable others buy new motor cycles for easy transportation goods.
|Company name||Kakira Growth Group|
|Location||Kakira trading center, Jinja|
|Sector||Wholesale / Retail|