Bright Masajja
With EUR 4,650 the members of the Bright Masajja microcredit group are able to expand their businesses and increase their income.
€4,650
3.50%
12 months
6 months
EUR
CurrencyAmount | €4,650 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
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 name | Opportunity Bank |
CEO | Samson Lwanga |
Founded | 2015-01-01 |
Location | Kampala |
Sector | Wholesale / Retail |
Turnover | €58,312.30 |
Employees | 14 |
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