The project

Warning

In the coming period there are different conditions for this partner. More information can be found here.

• The interest rate has been temporarily increased by 0,5 percentage point to accommodate the growing uncertainty associated with COVID-19.
• In addition, this investee is allowed - provided they continue to comply with the applicable covenants - to refinance future repayments to Lendahand investors with the funds raised from this project.
• Repayments occur after 12 months, not after 6 months (grace period).

Information document issuing entity (NL)

Information note issuing entity (BE)

Good Heart Group is located in Bugembe trading center, Jinja District in eastern Uganda. The group was formed 2010, it comprises of 20 members who are business oriented and they are mostly traders and service providers Their need for the loan is to help them expand and upgrade their business to wholesale trade.