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funding gap emerging markets
Zambia

Japalata Japasita

  • Agora Microfinance
  • Invest in microfinance
  • + 7 other investors

    • With a loan of EUR 4,400 Japasita is able to stock more products to sell in his grocery store.

    €4,400
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 25 July 2017.

      The project

      The business was started in 2010 by Mr Japasita in Lusaka. They currently have two shops, one in Lusaka and another one in Kabwe (150kms from Lusaka ). 

      The loan of ZMK46,000.00 will be used as working capital for the Kabwe shop.

      Local partner AMZ will provide the loan, which has to be repaid in 12 months. 

      Company nameAgora Microfinance
      CEOJapasita Japarata
      Founded2010-01-01
      LocationLusaka
      SectorWholesale / Retail
      Turnover€363,040.47
      Employees4

      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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      We have already contributed to Japalata Japasita

      Eric Coomans
      Frank Fekken
      + and another
      7
      investors