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UgandaKasumba and Sons
With a loan of EUR 2,250 Kasumba can open up another branche of his menswear clothing store in Mubende town.
€2,250
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,250 |
| Interest | 3.50% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 3 hours on 19 February 2018.
The project
Kasumba Vincent is a wholesale businessman running the Kasumba and Sons shop in Mubende town. He deals in menswear like t-shirts, jeans, belts, shoes and other items like blankets and suitcases. He has been in this business since 2009 and employs 3 people.
This loan will enable him to open another branch.
Local partner OBUL provides this loan with a maturity of 12 months.
| Company name | Opportunity Bank |
| CEO | Vicent Kasumba |
| Founded | 2009-01-01 |
| Location | Mubende |
| Sector | Wholesale / Retail |
| Turnover | €112,208.25 |
| Employees | 3 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 3 jobs are created
- With this investment 12 lives are improved