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funding gap emerging markets
Zambia

Fairtech Investments

  • Agora Microfinance
  • Invest in microfinance
  • + 20 other investors

    • The loan of EUR 9,400 will be used by John to increase the working capital for the hardware store.

    €9,400
    Amount
    4.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,400
    Interest4.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 11 November 2016.

      The project

      Fairtech Investments is a wholly Zambian company founded by Mr John Malunga in 2012.

      They currently have one well stocked hardware shop in light industrial area of Lusaka. They also supply hardware materials to the Zambia National Service. They currently have eight employees.

      The loan of K100,000.00 will be used to increase the working capital for the hardware store.

      Company nameAgora Microfinance
      CEOJohn Malunga
      Founded2012-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€423,330.19
      Employees8

      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 Fairtech Investments

      Jaap Boersema
      + and another
      20
      investors