funding gap emerging markets
Uganda

Kolo Development Group

  • Opportunity Bank
  • Local partner investment
  • + 42 other investors
  • With a loan of EUR 22,950 the 11 members of the Kolo Development Group can expand their companies.

    €22,950
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€22,950
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 36 minutes on 19 September 2018.
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      Summary

      Kolo Development group is located in Mukono, it was formed in 2018. The group consist of 11 mature members who are very hard working and are mostly women. The members are mainly traders, food vendors, market vendors  and saloon owners.

      The members started by getting loan of between UGX 500,000 and 800,000 now others are getting above UGX 1,000,000, an indication of a growing business. Their need for the loan is to help them improve and expand their businesses. The photo was taken during their weekly group meeting. We have 3 such groups in the same area.

      Company nameKolo Development Group
      CEOJoshua Owoko
      Founded2018-01-01
      LocationMukono
      SectorAgriculture
      Turnover€114,836.93
      Employees11

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 15 lives are improved

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      We have already contributed for Kolo Development Group

      Derkjan van Veen
      Coen van Harmelen
      Casper Roos
      Marco Mansveld
      + and another
      42
      investors