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UgandaKirabo Group
With EUR 14,000 the members of the Kirabo microcredit group are able to expand their businesses and increase their income.
€14,000
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €14,000 |
| Interest | 3.50% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 21 hours on 25 August 2017.
The project
Kirabo is a microcredit group comprising of men and women. The men deals in motor cycles and spare parts, while the women are tailors and operates small businesses. There are 19 active members who also have side businesses that other people earn from.
Local partner OBUL will provide the loan, which has to be paid back in 12 months.
| Company name | Opportunity Bank |
| CEO | Christine Nakubulwa |
| Founded | 2005-01-01 |
| Location | Kampala |
| Sector | Services |
| Turnover | €169,731.25 |
| Employees | 19 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 4 jobs are created
- With this investment 16 lives are improved
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We have already contributed to Kirabo Group
Manfred JansenFrank FekkenJan de Wit+ and another
50
investors