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funding gap emerging markets
Zambia

Vicmo Investments

  • Agora Microfinance
  • Invest in a Financial Institution
  • + 25 other investors
  • The loan of EUR 19,000 will be used to meet the contracts in the farming season especially in the next 3 months.

    €19,000
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€19,000
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 hours on 21 October 2016.

      Summary

      Vicmo investments is a wholly Zambian transport company founded by Mr Dickson Banda in 2000. They have contracts with The Food Reserve Agency to transport maize from farmers in rural parts of Zambia to their deports. They also have contracts with Kafue Nitrogen Chemicals (local fertilizer producing company for the government) to transport fertilizer to farmers in the rural parts of Zambia.

      The loan will be used to meet the contracts in the 2016/2017 farming season especially October, November and December which are the pick periods in transporting fertilizers for rural farmers.

      Company nameVicmo Investments
      CEODickson Banda
      Founded2000-01-01
      LocationLusaka
      SectorServices
      Turnover€285,986.65
      Employees37

      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 Vicmo Investments

      Nettie Stougje
      Robert Schellekens
      Albert Stoter
      Menne Glas
      Joop Singeling
      + and another
      25
      investors