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)

Peace Masoli Group is located in Gayaza, Kamapala District in central Uganda. The group was formed in 2018, it comprises of 20 members who are mostly traders, service providers and farmers.Through this loan the group members are optimistic that their profits will increase as they upgrade from retail to wholesale trade and the farmers expect to double their yields as they access high quality inputs like seeds, fertilizer and pest management.