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funding gap emerging markets
Uganda

Nakati Development

  • Opportunity Bank
  • Invest in microfinance
  • + 74 other investors
  • With a loan of EUR 23,700 the 15 members of the Nakati Development Group will be able to expand their businesses.

    €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 8 January 2019.

      The project

      Nakati Development is located in Musita Mayuge District. It was formed in 2016. The group comprises of 15 members who are mainly traders, food vendors, market vendors and boda boda riders.

      This loan will help them improve and expand their businesses.

      Locap partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEOFlorence Baseka
      Founded2016-11-03
      LocationMusita District
      SectorWholesale / Retail
      Turnover€142,191.19
      Employees15

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 10 lives are improved

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      We have already contributed to Nakati Development

      Frans Wittenberg
      Peter Boot
      Ron van Eijk
      Willem van Wingerden
      + and another
      74
      investors