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funding gap emerging markets
Uganda

Bakulugi Development Group

  • Opportunity Bank
  • Invest in a Financial Institution
  • + 58 other investors
  • With a loan of EUR 22,450 the women from Bakulugi Development Group can expand their businesses and increase their income.

    €22,450
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€22,450
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 1 February 2018.

      Summary

      Read the information document of the issuer here

      Bakulugi Development is a solidarity group that was formed in 2013 and consists of 20 members, mostly women. The group members are into small scaled businesses such as catering, retail shops, saloons, mobile money, tailoring etc to support their families.

      With this loan, these entrepreneurs can improve and expand their businesses from small scale businesses to enterprises. 

      This loan is provided by local partner OBUL with a maturity of 12 months

      Company nameBakulugi Development Group
      CEOLydia Nabakooza
      Founded2013-01-01
      LocationMasanufu Kampala
      SectorServices
      Turnover€179,533.21
      Employees20

      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 60 lives are improved

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      We have already contributed to Bakulugi Development Group

      Ton Schroer
      Menne Glas
      Aad Smits
      Marc Sierink
      Edwin Tofield
      + and another
      58
      investors