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funding gap emerging markets
Zambia

Syndrews Enterprises

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

    • With a loan of EUR 6,800 Andrew will be able to expand his grocery business in the Mumbwa area.

    €6,800
    Amount
    4.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,800
    Interest4.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 6 May 2017.

      The project

      Mr Andrew Singoyi has been in business since 1990. The business has now grown with yearly sales turnover of K2,156,400.00.  They mainly sale household groceries. The shop is located in Mumbwa - a distance of about 135kms from Lusaka. They currently have three employees.

      With this loan Andrew will be able to expand his business. 

      Local partner AMZ will provide this loan. 

      Company nameAgora Microfinance
      CEOAndrew Singoyi
      Founded2010-01-01
      LocationMumbwa
      SectorWholesale / Retail
      Turnover€211,827.11
      Employees3

      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 Syndrews Enterprises

      Jan de Wit
      + and another
      20
      investors