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funding gap emerging markets
Zambia

Mohamed Shop

  • Agora Microfinance
  • Invest in a Financial Institution
  • + 12 other investors
  • With EUR 4,400 Mohamed is able to stock more cosmetic products in his shop and hire an additional employee.

    €4,400
    Amount
    4.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 hours on 21 December 2016.

      Summary

      Mohamed shops started operations in 2007 and currently he has two shops, one in town centre and another one in the compound about 10 kms north of Lusaka.

      They are specialised in cosmetics. They get there products from Congo and South Africa. They currently have 4 employees and they will get one more by february 2017 - which will be directly as a result of the loan. 

      The loan will be used as working capital especially in the second shop.

      Company nameMohamed Shop
      CEOMohamed Luboya
      Founded2007-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€253,235.29
      Employees4

      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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      We have already contributed to Mohamed Shop

      Niek de Bruijn
      + and another
      12
      investors