Zambia
Freshcuts Meat Products 2
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
CurrencyAmount | €7,800 |
Interest | 4.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 11 hours on 26 July 2017.
The project
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 name | Agora Microfinance |
CEO | Masauso Jere |
Founded | 2014-01-01 |
Location | Lusaka |
Sector | Distribution and Processing |
Turnover | €238,620.73 |
Employees | 15 |
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
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investors