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UgandaAgalywamu Group
With a loan of EUR 11,500 the members of the Agalywamy group in Uganda can improve and expand their businesses.
€11,500
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €11,500 |
| Interest | 3.50% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 23 hours on 31 May 2018.
The project
The Agalywamu Group is found in Soroti, which is located in Eastern Uganda. The group was formed in 2018 and consists of 25 members who are mainly Boda Boda (scooter taxi) riders, retail shop owners, saloon operators, food vendors and market vendors. Through their businesses they are able to create jobs for the unemployed youth.
This loan enable them to improve and expand their busineses.
Local partner OBUL provides this loan with a maturity of 12 months.
| Company name | Opportunity Bank |
| CEO | Jenith Namako |
| Founded | 2018-01-01 |
| Location | Soroti |
| Sector | Services |
| Turnover | €144,761.02 |
| Employees | 25 |
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 Agalywamu Group
Liesbeth DoramaMarco MansveldSuzan van der MeijMartijn SavenijeLeendert Smit+ and another
26
investors