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funding gap emerging markets
Uganda

Vincent Okumu

  • Opportunity Bank
  • Invest in microfinance
  • + 79 other investors

    • With a loan of EUR 29,750 Vincent will be able to expand his business, where he sells car products, especially new tires.

    €29,750
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€29,750
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 15 May 2018.

      The project

      Vincent Okumu is a businessman dealing in car products, like tyres. His business is located in Northern Uganda Lira town.

      Vincent has been in this business since 2012.He is currently employing 30 people on full time basis. His need for this loan is to increase his working capital.

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOVincent Okumu
      Founded2012-01-01
      LocationLira
      SectorWholesale / Retail
      Turnover€540,540.54
      Employees30

      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 25 lives are improved

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      We have already contributed to Vincent Okumu

      Ron van Eijk
      Niek de Bruijn
      Gert Baas
      Marcel Linssen
      Roelien Timmer
      + and another
      79
      investors