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funding gap emerging markets
Zambia

Kasco General Dealers

  • Agora Microfinance
  • Invest in microfinance
  • + 50 other investors
  • With a loan of EUR 18,800 Collins is able to stock his fourth grocery store and hire two more employees.

    €18,800
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€18,800
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 10 August 2017.

      The project

      Kasco General Dealers is a company located in Kabwe town of Zambia. The business was started by Mr Collins Chilufya in 2008. They currently have three shops with an annual sales turnover of K4,370,000.00 and six employees.

      This loan will be used as working capital for the new shop they are opening in Kabwe. The new shop will create two employment opportunities.

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

      Company nameAgora Microfinance
      CEOCollins Chilufya
      Founded2015-01-01
      LocationKabwe
      SectorWholesale / Retail
      Turnover€409,975.23
      Employees6

      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 Kasco General Dealers

      Niek de Bruijn
      Jan de Wit
      Ron van Eijk
      Dirk Rentmeester
      Frans Wittenberg
      + and another
      50
      investors