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funding gap emerging markets
Zambia

Esther Mtonga

  • Agora Microfinance
  • Invest in a Financial Institution
  • + 20 other investors
  • With EUR 5,800 Esther will be able to purchase a fourth minibus for her transportation business and hire an additional employee.

    €5,800
    Amount
    4.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,800
    Interest4.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 25 July 2017.

      Summary

      Esther Mtonga started the business in 2007. She has two business at the moment - transport and real estate. In the transport business she has three minibuses which operate throughout Lusaka. She also has flats she is renting out. Currently the total annual sales turnover is ZMK 238,800.00 and has three employees.

      The loan of ZMK 60,000.00 will be used to acquired another Toyota Hiace minibus and will create one employment opportunity.

      Local partner AMZ will provide the loan, which has to be repaid in 18 months. 

      Company nameEsther Mtonga
      CEOEsther Mtonga
      Founded2007-01-01
      LocationLusaka
      SectorServices
      Turnover€23,573.54
      Employees3

      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 Esther Mtonga

      A. Pronk
      Frans Wittenberg
      + and another
      20
      investors