Favour Group

1er investissement ? 500 € garantis avec le code GOODSTART.

Ouganda

Favour Group

Opportunity Bank

Investir dans la microfinance

+ 204 autres investisseurs

With a loan of EUR 72,950 the 20 members of the Favour Group will be enabled to upgrade and expand their businesses hence improving their standard of living.

€72 950

Montant

4,00%

Intérêt

12 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€72 950
Intérêt	4,00%
Maturité	12 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 jours sur 8 Juin 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)

Favour Group is located in Lusanja Area Farm, Wakiso District in central Uganda. The group was formed in 2018. It comprises of 20 members are mostly service providers owning salons and restaurants, others are retail traders and food processors. This loan will enable them upgrade and expand their businesses hence improving their standard of living.