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funding gap emerging markets
Colombia

Susautos

  • Eclof Colombia
  • Invest in a Financial Institution
  • + 14 other investors
  • Manul wants to use the proceeds of this EUR 4,800 loan to buy a new compressor and so serve more clients.

    €4,800
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 40 days on 9 June 2014.

      Summary

      Manuel Susa has been owner of Susautos for 17 years already. Susautos is specialized in repairing and renovating cars. Manual employs two young men from the area; they help repairing and renovating cars and car parts (scrubbing & painting). Manuel would like to use the loan to buy electronic devices, such as for example compressors, to be able to serve his clients better; he aims to attract more customers in the near future so he can employ more people. With this loan, at least one job is being created. Lendahand and its local partner grant this loan to Manuel, payable in 18 months, to be able to make this ambition reality.

      Company nameSusautos
      CEOManuel Susa
      Founded1997-01-01
      LocationCogua, Cundinamarca
      SectorServices
      Turnover€44,938.01
      Employees2

      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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