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funding gap emerging markets
Uganda

Kaweremide Group

  • Opportunity Bank
  • Invest in microfinance
  • + 92 other investors

    • With a loan of EUR 23,950 the 15 members of the Kaweremide Group will be able to improve and expand their retail businesses.

    €23,950
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,950
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 4 June 2019.

      The project

      Kaweremide Group is found in Kikajo trading center in Wakiso District. It was formed in 2000 when the bank was still called Faulu Uganda.

      The group comprises of 15 members who are  matured and very hard working people and they pay their loan in time. The members are mainly retail trader.

      Their need for the loan is to enable them expand and improve their businesses.

      Company nameOpportunity Bank
      CEOPeter Kasozi
      Founded2000-06-02
      LocationKikajo Trading Center, Wakiso District
      SectorWholesale / Retail
      Turnover€119,713.23
      Employees15

      Impact

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

      • With this investment 5 jobs are created
      • With this investment 25 lives are improved

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      We have already contributed to Kaweremide Group

      Boudewijn Gailliaert
      Aad Smits
      Jan de Wit
      PHUYS Huys
      Lot Hagenaars
      + and another
      92
      investors