First investment? Get €500 guaranteed with code GOODSTART.
ZambiaA. Njekwa Sons and General
With EUR 2,400 Aggripa is able to open a second hardware shop and hire an additional employee.
€2,400
Amount
4.00%
Interest
12 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,400 |
| Interest | 4.00% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 16 hours on 16 February 2017.
The project
Mr Njekwa opened the hardware business in 2007. His annual sales is K413,000.00. The business has grown and he is in the process of penning another hardware shop - that is were he is going to use the loan.
With EUR 2,400 Aggripa is able to open a second hardware shop and hire an additional employee.
| Company name | Agora Microfinance |
| CEO | Aggripa Njekwa |
| Founded | 2007-01-01 |
| Location | Lusaka |
| Sector | Wholesale / Retail |
| Turnover | €39,826.42 |
| Employees | 3 |
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