Charles

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Ouganda

Charles

Opportunity Bank

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With EUR 54,200 Charles will be able to acquire Uganda Tree Growers Ltd Company that owns 12 acres of pines.

€54 200

Montant

3,50%

Intérêt

12 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€54 200
Intérêt	3,50%
Maturité	12 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 1 jour sur 17 Août 2017.

Le projet

Charles is a farmer owning a pine plantation in Luweero District. He has a business of pine growing and upon maturity, he sells them off and also has a tree nursery business that sells seedlings to other farmers.

His need for the loan is to purchase Uganda Tree Growers Ltd (UTRL) Company that owns 12 acres of pine parent stock and seedlings at Busiika. The purchase will include acquiring 100% of the company's assets and operations excluding liabilities.

Lokal partner OBUL will provide the loan to Charles. The loan has to be repaid within 12 months.