Tuliwalala Group

Úganda

Tuliwalala Group

Opportunity Bank

Fjárfestu í örfjármögnun

+ 63 aðrir fjárfestar

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

Upphæð

4.00%

Áhugi

12 mánuðir

Gjaldagi

6 mánuðir

Endurgreiðslur

EUR

Gjaldmiðill

Upphæð	€17,500
Áhugi	4.00%
Gjaldagi	12 mánuðir
Endurgreiðslur	6 mánuðir
Gjaldmiðill	EUR

100%

Fullfjármagnað á 19 klukkustundumá 24 July 2020.

Verkefnið

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.

Fyrirtækjanafn	Opportunity Bank
For the term "CEO," the appropriate translation in Icelandic is "forstjóri."	Peace Nakazibwe
Stofnað	2015-07-09
Staðsetning	Jinja
Geiri	Heildsala / Smásala
Velta	€145,914
Starfsfólk	20