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funding gap emerging markets
Uganda

Kyomya Development Group

  • Opportunity Bank
  • Invest in microfinance
  • + 49 other investors

    • With a loan of EUR 24,700 the 18 members of the Kyomya Development Group will be able to improve and expand their businesses.

    €24,700
    Amount
    3.50%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€24,700
    Interest3.50%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 24 days on 25 November 2019.

      The project

      Kyomya Development Group is fund in Kyomya trading center located in eastern Uganda. The group was formed in 2015. It comprises of 18 members who mainly traders, service providers and farmers.

      Their need for this new loan is to expand and improve their businesses.

      Local partner Opportunity Bank will provide the loan.

      Company nameOpportunity Bank
      CEOSamson Kayalwe
      Founded2015-01-08
      LocationKyomya Trading Center, Jinja District
      SectorWholesale / Retail
      Turnover€123,438
      Employees20

      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 Kyomya Development Group

      Roelien Timmer
      Peter Boot
      + and another
      49
      investors