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funding gap emerging markets
Uganda

Lusaka Model

  • Opportunity Bank
  • Invest in microfinance
  • + 49 other investors

    • With a loan of EUR 23,050 the 15 members of the Lusaka Model will be able to expand their businesses in Uganda.

    €23,050
    Amount
    3.50%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,050
    Interest3.50%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 7 hours on 24 August 2018.

      The project

      Lusaka Model is a solidarity group that found in Hoima town located in western Uganda. The group consist of 15 members, it was formed in 2017.

      The members are mainly shop owners, bar owners, restaurant owners and salon owners.  Their need for the loan is for business improvement and expansion.

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOMary Nalubombwe
      Founded2017-01-01
      LocationHoima
      SectorWholesale / Retail
      Turnover€114,942.52
      Employees15

      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 15 lives are improved

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      We have already contributed to Lusaka Model

      Menne Glas
      Jan de Wit
      Jelle Volckaerts
      Ron van Eijk
      Rob Groen
      + and another
      49
      investors