Uganda
Ochola Simon Peter
With a loan of EUR 23,100 Simon is able to restock his two stores where he sells different types of cereals to farmers.
€23,100
Amount
3.50%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €23,100 |
Interest | 3.50% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 2 hours on 12 June 2018.
The project
Simon Peter Ochola is a cereal dealer in Soroti town, which is located in the eastern part of Uganda. He has been in this business for 9 years. Simon buys cereals to sell to farmers from the city. He owns two stores, one in Soroti town and one on the road to Lira.
With this loan, he is abel to restock his store as it is almost empty, and increase sales.
Local partner OBUL provides this loan with a maturity of 12 months.
Company name | Opportunity Bank |
CEO | Simon Peter Ochola |
Founded | 2009-01-01 |
Location | Soroti |
Sector | Agriculture |
Turnover | €184,971.09 |
Employees | 4 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 10 lives are improved
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