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funding gap emerging markets
Uganda

Peace Development

  • Opportunity Bank
  • Invest in microfinance
  • + 27 other investors
  • With EUR 10,600 the members of Peace Development Group can improve their businesses and create jobs for the youth.

    €10,600
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€10,600
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 hours on 25 December 2017.

      The project

      Read the information document of the issuer here

      Peace Development is a group found in Eastern Uganda. It comprises of 15 members and most of them are men. The group was formed in 2007. Members of the group members have jobs as mechanics, transporters, shop owners and market vendors.

      This loan will enable them expand, improve their businesses and create job opportunities for the unemployed youth.

      Local partner OBUL provides this loan with a maturity of 12 months. 

      Company nameOpportunity Bank
      CEOShaban Anwar
      Founded2007-01-01
      LocationIganga
      SectorWholesale / Retail
      Turnover€127,478.75
      Employees15

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Peace Development

      marian koning
      Piet van der Kooi
      + and another
      27
      investors