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funding gap emerging markets
Zambia

Freshcuts Meat Products 2

  • Agora Microfinance
  • Invest in a Financial Institution
  • + 24 other investors
  • With a loan of EUR 7,800 Masauso is able to buy butchery equipment and hire two more people in his fourth store.

    €7,800
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,800
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 26 July 2017.

      Summary

      Freshcuts meat products was established by Mr Masauso Jere in 2014. Currently they have four butcheries in different compounds in Lusaka. They have a total of 15 employees. 

      The loan of K80,000.00 will be used to boost working capital in the new butchery they have opened - to buy butchery equipment and will create two job opportunities.

      Local partner AMZ will provide the loan, which has to be repaid in 12 months. 

      Company nameFreshcuts Meat Products 2
      CEOMasauso Jere
      Founded2014-01-01
      LocationLusaka
      SectorDistribution and Processing
      Turnover€238,620.73
      Employees15

      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 Freshcuts Meat Products 2

      Remo Demirhisar
      A. Pronk
      + and another
      24
      investors