funding gap emerging markets
Zambia

Baal Perazim Enterprises

  • Agora Microfinance
  • Invest in microfinance
  • + 9 other investors
  • With a loan of EUR 1,400 Manda can enlarge her stock of packaging materials and buy a new freezer.

    €1,400
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€1,400
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 21 October 2015.

      The project

      Ms Manda Sokoni is running a restaurant supplies business in one of the busy peri-urban markets in Lusaka. The business supplies Styrofoam cups and plates, plastic spoons, forks, knives, packaging material,drinks and packs of meats to restaurants in the area. It has been running since 2010 and has 4 full time employees including herself. the company has been slowly growing due to capital challenges.

      The goal of the loan is to increase stock and purchase and additional freezer for the meat packs to meet the growing needs of her clientelle.

      Lendahand will provide the loan to Manda together with local partner AMZ. The loan has to be repaid in 12 months.

      Company nameAgora Microfinance
      CEOManda Sokoni
      Founded2010-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€15,407.85
      Employees4

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Baal Perazim Enterprises

      Ron van Eijk
      + and another
      9
      investors