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funding gap emerging markets
Zambia

Everise Investments

  • Agora Microfinance
  • Invest in microfinance
  • + 29 other investors

    • This loan of EUR 19,200 will be used for working capital in the business of Richard. Also he can hire 2 more people.

    €19,200
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€19,200
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 14 December 2016.

      The project

      Everise was registered in 2007. Currently they have three shops. A hardware shop in the central business district of Lusaka and two other shops for clothes in Kamwala area (about two kilometers) from the central business district. They currently have 18 permanent employees.

      This loan of K200,000 will be used for working capital in the hardware business.

      Company nameAgora Microfinance
      CEORichard Kutoha
      Founded2007-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€336,057.69
      Employees18

      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 Everise Investments

      Joop Singeling
      Gioberto Balinge
      Jaap Boersema
      Jan de Wit
      Niek de Bruijn
      + and another
      29
      investors