Tulsa Investments LTD 3
With a loan of EUR 86,800 Tulsa will be able to increase the production of her printing and packaging company.
€86,800
6.00%
12 months
6 months
EUR
CurrencyAmount | €86,800 |
Interest | 6.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Summary
Georgeous Kasangaki represents a new generation of highly successful women entrepreneurs that are determined to transform Africa. With her formative business years spent in commercial banking, Gorgeous experienced firsthand how Uganda’s manufacturing sector was struggling to become globally competitive. A key bottleneck – especially in the FMCG segment – concerns packaging, branding and printing. Without competitive domestic packaging materials, entrepreneurs need to resort to expensive importing of bulk materials, often from China – which means a drain on cash flow and FX reserves.
On the basis of savings and some initial seed capital, Tulsa started business in 2012 and has reached sales of over EUR 4.4 mln in barely 5 years operations. This is a stellar performance, and today the company has become a leading supplier of state-of-the-art packaging materials, as well as stationery and print services.
Company name | Tulsa Investments LTD 3 |
CEO | Georgeous Kasangaki |
Founded | 2012-01-01 |
Location | Kampala |
Sector | Manufacturing / Production |
Turnover | €4,022,285.76 |
Employees | 50 |
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 40 lives are improved