Uganda
Balibaseka Group Kalagi
With a loan of EUR 23,700 the 16 members of the Balibaseka Group will be able to expand their farms.
€23,700
Amount
3.50%
Interest
6 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €23,700 |
Interest | 3.50% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 2 hours on 3 December 2018.
The project
Balibaseka Group is found Kakumiru Kalagi in Mukono District. It comprises of 16 members both men and women. The group was formed in 2013.
The group members started by taking loans of UGX500,000 now most of them take more than a million indicating business growth. The members grow coffee bananas and pinapple for sale.
The loan will enable them acquire more land for farming and buy farm inputs that will enable them yield bumper harvest.
Company name | Opportunity Bank |
CEO | Abdullatif Senyimba |
Founded | 2013-01-01 |
Location | Mukono |
Sector | Agriculture |
Turnover | €142,146.38 |
Employees | 16 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 3 jobs are created
- With this investment 16 lives are improved
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We have already contributed to Balibaseka Group Kalagi
Marcel Linssen
Jan de Wit
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