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funding gap emerging markets
Uganda

Balibaseka Group Kalagi

  • Opportunity Bank
  • Invest in microfinance
  • + 52 other investors

    • 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
    Currency
    Amount€23,700
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      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 nameOpportunity Bank
      CEOAbdullatif Senyimba
      Founded2013-01-01
      LocationMukono
      SectorAgriculture
      Turnover€142,146.38
      Employees16

      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

      Jan de Wit
      Marcel Linssen
      + and another
      52
      investors