Zambia
Kasco General Dealers
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
CurrencyAmount | €18,800 |
Interest | 4.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
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 name | Agora Microfinance |
CEO | Collins Chilufya |
Founded | 2015-01-01 |
Location | Kabwe |
Sector | Wholesale / Retail |
Turnover | €409,975.23 |
Employees | 6 |
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
Jan de Wit
Niek de Bruijn
Frans Wittenberg
Ron van Eijk
Dirk Rentmeester
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investors