Posted by: APO | 31 July 2018

The Overseas Private Investment Corporation (OPIC) Provides Loan to Support Small Business Lending and Transportation in Uganda

The Overseas Private Investment Corporation (OPIC) has provided a $5 million loan to Tugende Limited, which supports small business lending and expanded transportation in Uganda by providing lease-to-own financing to motorcycle taxi drivers. Tugende is a six-year-old business that tapped into pent up demand for lease-to-own financing among motorcycle taxi drivers and quickly expanded into a 150-employee… Read more on https://africa-newsroom.com/press/the-overseas-private-investment-corporation-opic-provides-loan-to-support-small-business-lending-and-transportation-in-uganda?lang=en


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