El proyecto

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)

Wairaka A Group is found in Wairaka trading center located  in Jinja District, eastern Uganda. The group was formed in 2017, it comprises of 20 members. The members are mostly traders and market vendors who move from market to market selling their merchandise. This new loan will elevate them from retail traders to wholesale traders.