Wairaka A Group

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Ouganda

Wairaka A Group

Opportunity Bank

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With a loan of EUR 48,650 Opportunity Bank Uganda can provide working capital to the 20 members of the Wairaka A Group. These traders would like to turn their companies in a wholesale company.

€48 650

Montant

4,00%

Intérêt

12 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€48 650
Intérêt	4,00%
Maturité	12 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 heures sur 22 Avril 2020.

Le projet

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.

Nom de l’entreprise	Opportunity Bank
PDG	Annet Namulondo
Création	2017-06-01
Lieu	Jinja District
Secteur	Commerce de gros / Commerce de détail
Chiffre d'affaires	€145 914
Employés	20