Zambia
Mohamed Shop
With EUR 4,400 Mohamed is able to stock more cosmetic products in his shop and hire an additional employee.
€4,400
Amount
4.00%
Interest
6 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €4,400 |
Interest | 4.00% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 14 hours on 21 December 2016.
The project
Mohamed shops started operations in 2007 and currently he has two shops, one in town centre and another one in the compound about 10 kms north of Lusaka.
They are specialised in cosmetics. They get there products from Congo and South Africa. They currently have 4 employees and they will get one more by february 2017 - which will be directly as a result of the loan.
The loan will be used as working capital especially in the second shop.
Company name | Agora Microfinance |
CEO | Mohamed Luboya |
Founded | 2007-01-01 |
Location | Lusaka |
Sector | Wholesale / Retail |
Turnover | €253,235.29 |
Employees | 4 |
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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