Zambia
Bostic Enterprises
With a loan of EUR 8,600 Eddie will purchase more stock for the Christmas period which is a peak sales period.
€8,600
Amount
3.00%
Interest
12 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €8,600 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 1 day on 1 December 2015.
The project
Eddie Sianseke is running his own franchise of Hisense electronics located at one of the prime malls in Lusaka. His business employs 6 youths in sales and administration and will employ 2 more after the loan.
He intends to use the loan to add to his capital and purchase more stock for the Christmas period which is a peak sales period.
Lendahand will provide the loan to Eddie togehter with local partner AMZ. The loan has to be repaid in 12 months.
Company name | Agora Microfinance |
CEO | Eddie Sianseke |
Founded | 2012-01-01 |
Location | Lusaka |
Sector | Wholesale / Retail |
Turnover | €103,716.50 |
Employees | 6 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved
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We have already contributed to Bostic Enterprises
Hajé van Egmond
Peter Scheedler
Wilgert Velinga
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investors