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OPIC Provides Loan to Support Small Business Lending and Transportation in Uganda
July 31, 2018
WASHINGTON, July 31 -- The Overseas Private Investment Corp. issued the following news release:

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 . . .

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