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UgandaForest Prosperity Farmers Group
With a loan of EUR 46,250 the 40 members of the group can expand their businesses and plant more trees.
€46,250
Amount
3.50%
Interest
6 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €46,250 |
| Interest | 3.50% |
| Maturity | 6 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 5 hours on 6 November 2018.
The project
Forest Prosperity Farmers Group is found in Iganga District in Eastern Uganda. The group was formed in 2018. It consist of 40 members. The group is financed by an NGO called New Forest who hires the members to plant trees and maintains the plantations and they are paid salaries.
Members also have personal businesses like boda boda business, retail traders, construction that brings in income. The members are requesting for this loan to enable them improve and expand their businesses and to plant more trees.
| Company name | Opportunity Bank |
| CEO | Byamukama Stephen |
| Founded | 2018-01-01 |
| Location | Iganga |
| Sector | Agriculture |
| Turnover | €208,236.92 |
| Employees | 40 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 10 jobs are created
- With this investment 200 lives are improved
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We have already contributed to Forest Prosperity Farmers Group
Anastasios KrommydasMenne GlasFrans WittenbergMarc SierinkCasper Roos+ and another
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investors