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)

Kwagala Bus Park Group is founded in Jinja District located in eastern Uganda. It was formed in 2016. The group comprises of 12 members who are mainly farmers. Their need for this loan is to increase their working capital and enable the farmers to buy farm inputs for their farm.