Zambia
Weightbridge Tec Africa
The loan of EUR 10,000 will be used for buying empty grain bags in readiness for this years grain marketing season.
€10,000
Amount
4.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €10,000 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 14 hours on 25 July 2017.
The project
Weightbridge Tec Africa Zambia LTD started its business in 2014 in Kabwe a town which is about 150kms from Lusaka. The currently have a hardware shop and are also involved in grain buying in rural Kabwe.
Currently they have seven employees with an annual sales turnover of ZMK 3,335,000.00.
The loan will be used as working capital - buying empty grain bags in readiness for this years grain marketing season. It will create five seasonal jobs and one permanent.
Company name | Agora Microfinance |
CEO | Christopher Ngoma |
Founded | 2014-01-01 |
Location | Kabwe |
Sector | Wholesale / Retail |
Turnover | €333,500 |
Employees | 7 |
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 Weightbridge Tec Africa
Jan de Wit
Frans Wittenberg
Gert Mosterd
Marlies Witteveen
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26
investors