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funding gap emerging markets
Uganda

Woro En Ryeko

  • Opportunity Bank
  • Invest in microfinance
  • + 71 other investors

    • With a loan of EUR 24,000 the 7 members of Woro En Ryeko Group will be able to expand and improve their businesses.

    €24,000
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€24,000
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 20 hours on 4 April 2019.

      The project

      Woro En Ryeko Group is found in Lira Taxi Park in Lira District located in Northern Uganda. It was formed in 2018, the group consist of 7 members who are mainly food vendors and market vendors.

      This loan will enable them expand and improve their businesses. 

      Local partner OBUL will provide the loan.

      Company nameOpportunity Bank
      CEODenis Obote
      Founded2018-09-03
      LocationNgette, Lira
      SectorWholesale / Retail
      Turnover€143,863.77
      Employees7

      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 Woro En Ryeko

      Ron van Eijk
      Lot Hagenaars
      Boudewijn Gailliaert
      Edwin Tofield
      Johan Feddema
      + and another
      71
      investors