Zambia
Mohamed Shop 3
With a loan of EUR 5,000 Mohamed is able to stock his two shops with more cosmetic products.
€5,000
Amount
4.00%
Interest
6 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €5,000 |
Interest | 4.00% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 12 hours on 25 July 2017.
Summary
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 5 employees.
This is the third loan the are getting from Agora Microfinance. The business has since grown with an annual sales turnover of ZMK 2,897,808. This third loan will be used as working capital.
Company name | Mohamed Shop 3 |
CEO | Mohamed Luboya |
Founded | 2007-01-01 |
Location | Lusaka |
Sector | Wholesale / Retail |
Turnover | €289,780.80 |
Employees | 5 |
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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