funding gap emerging markets
Zambia

Ruchima Enterprises

  • Agora Microfinance
  • Local partner investment
  • + 24 other investors
  • With a loan of EUR 11,800 Bechimas is able to open a third store and expand his business.

    €11,800
    Amount
    4.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€11,800
    Interest4.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 17 hours on 5 May 2017.
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      Summary

      Buchima Enterprise is a liquor business which was established in 2011 by Mr Bechimas Bukuru in Lusaka Zambia. They currently have two outlets with six employees. 

      They are about to open a new one - hence the need for this loan of K120,000.00 for working capital. Currently there annual sale turnover is K3,162,754.00.

      Local partner AMZ will provide this loan. 

      Company nameRuchima Enterprises
      CEOBechimas Bukuru
      Founded2011-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€310,683.10
      Employees6

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 2 jobs are created
      • With this investment 8 people are reached

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      We have already contributed for Ruchima Enterprises

      Bas van de Haterd
      Jacques van den Bosch
      Martijn Kistemaker
      Tim Slijp
      + and another
      24
      investors