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funding gap emerging markets
Uganda

Progressive Group Mubende

  • Opportunity Bank
  • Invest in microfinance
  • + 65 other investors

    • With this loan of EUR 23,850 the 15 members of Progressive Group Mubende can expand their companies.

    €23,850
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€23,850
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 53 minutes on 1 August 2019.

      The project

      Progressive Group Mubende is located in Mubende town central region of Uganda. The group was formed in 2011, it comprises of 15 members who are mostly taders  and farmers.

      Their need for the loan is to expand their businesses. We have 2 groups of this kind in the same locality. The photo was taken during their weekly meeting.

      Company nameOpportunity Bank
      CEOPeter Bazira
      Founded2019-07-15
      LocationMubende, Uganda
      SectorWholesale / Retail
      Turnover€119,300.78
      Employees15

      Impact

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

      • With this investment 4 jobs are created
      • With this investment 20 lives are improved

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      We have already contributed to Progressive Group Mubende

      Peter Boot
      Jelle Volckaerts
      Ron van Eijk
      Robert Mars
      Casper Roos
      + and another
      65
      investors