Tuliwalala Group

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Uganda

Tuliwalala Group

Opportunity Bank

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With a loan of EUR 17,500 the 20 members of the Tuliwalala Group will be enabled to upgrade and expand their businesses hence improving their standard of living.

€17,500

Importe

4.00%

Interés

12 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€17,500
Interés	4.00%
Vencimiento	12 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 19 horasen 24 Julio 2020.

El proyecto

Warning

In the coming period there are different conditions for this partner.

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)

Tuliwalala Group is located in Jinja town in eastern Uganda. The group was formed in 2018. It comprises of 20 members who are mostly traders, service providers, tailors and market vendors.They are dedicated and hardworking group who pay their loan in time.Their need for the loan is to expand and upgrade their businesses to fit the modern era.

Nombre de la empresa	Opportunity Bank
Director general	Peace Nakazibwe
Fundado	2015-07-09
Ubicación	Jinja
Sector	Mayorista / Minorista
Volumen de negocio	€145,914
Empleados	20