Uganda
Twesige Mukama
With EUR 23,200 the members of the Twesige Mukama group are able to expand their business and thus increase their income.
€23,200
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €23,200 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 4 days on 6 September 2017.
The project
Twesige Mukama is a group comprising of men and women, it was formed in 2006 located in Kisenyi. The members are matured and hard working, they deal in produce like millet, maize sourgum and rice. The produce is milled packed and distrubuted to shops all over the city.
The loan it will help them acquire additional machines for milling their produce, this will increase their earnings and create employment.
Local partner OBUL provides the loan, which has to be repaid in 12 months.
Company name | Opportunity Bank |
CEO | Yosamu Biryamuruwe |
Founded | 2006-01-01 |
Location | Kampala |
Sector | Distribution and Processing |
Turnover | €229,760.74 |
Employees | 20 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 8 jobs are created
- With this investment 32 lives are improved
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We have already contributed to Twesige Mukama
Bas Kleijnen
Ivo Richaers
Peter Boot
Menne Glas
Aad Smits
+ and another
57
investors