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funding gap emerging markets
Uganda

Bright Masajja

  • Opportunity Bank
  • Invest in microfinance
  • + 16 other investors
  • With EUR 4,650 the members of the Bright Masajja microcredit group are able to expand their businesses and increase their income.

    €4,650
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,650
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 7 hours on 6 September 2017.

      The project

      Bright Masajja is group of strict and determined members of 14 people. Formed in 2015, it comprises of men and women who are into business of poulty farming, restaurants, charcoal selling, transport and retail business. They sit for meetings every week and this photo was taken in one of their meetings. The amout of loan they are requesting indicates that their business is growing.

      They are requesting for a loan to increase their working capital, this will increase their earnings as well and create job opportunities for others.

      Local partner OBUL provides the loan, which has to be repaid in 12 months. 

      Company nameOpportunity Bank
      CEOSamson Lwanga
      Founded2015-01-01
      LocationKampala
      SectorWholesale / Retail
      Turnover€58,312.30
      Employees14

      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 Bright Masajja

      Rene van den Burg
      Ton Schroer
      + and another
      16
      investors