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funding gap emerging markets
Zambia

Bostic Enterprises

  • Agora Microfinance
  • Invest in microfinance
  • + 16 other investors

    • 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
    Currency
    Amount€8,600
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      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 nameAgora Microfinance
      CEOEddie Sianseke
      Founded2012-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€103,716.50
      Employees6

      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
      + and another
      16
      investors