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funding gap emerging markets
Uganda

Mirembe Development Group

  • Opportunity Bank
  • Invest in microfinance
  • + 110 other investors
  • With EUR 44,900 Rose and her cooperation will be able to expand and improve their businesses, by providing better services.

    €44,900
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€44,900
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 26 February 2018.

      The project

      Mirembe Development  group was formed in 2016. It comprises of 20 members both men and women, their businesses are mainly restaurants operating retail shops, farming, saloon business, farbrication and boda boda business.

      They started by borrowing UGX 500,000 and now they borrow to the tune of UGX 2,000,000.

      Their need for this loan is to enable them expand and improve their businesses,by providing better services using high standard facilities. There are 5 such groups in Mityana Town.

      Company nameOpportunity Bank
      CEORose Nangendo
      Founded2016-01-01
      LocationMityana
      SectorServices
      Turnover€201,974.86
      Employees20

      Impact

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

      • With this investment 5 jobs are created
      • With this investment 20 lives are improved

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      We have already contributed to Mirembe Development Group

      Dirk Rentmeester
      Frank Fekken
      Edwin Tofield
      Ton Van der Meer
      Lot Hagenaars
      + and another
      110
      investors