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All Botique
Durable Goods - Retail, Tanzania

Ms Rhoda is a new client at BELITA. She decides to also add on men's shoes on top of the men's clothes which she realizes they are on demand in the area. She would like a loan of 145 euros to increase on her current stock of the men's shoes and she will pay it back in three months.

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Status

Status	Fully repaid as of 16/11/2012.
Investments	100% of €146 funded by 5 investors.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	66.25%		≈	€12	Yearly and total values The APR in the first row always shows an annual value (Annual Percentage Rate). The total cost for the business as a monetary value in the second row however, is not an annual value, but is the sum of interests and fees paid for the whole period of the loan. Furthermore, the amounts in EUR are approximate and do not reflect currency rates and late repayments
Total interest	29.80%	p.a.	≈	€6
Interest to provider	0.00%	p.a.	≈	€0
Interest to administrator	12.00%	p.a.	≈	€3
Interest to MYC4	6.00%	p.a.	≈	€1
Interest to investors	11.80%	p.a.	≈	€3
Total fee	4.00%		≈	€6
Fee to provider	0.00%		≈	€0
Fee to administrator	2.00%		≈	€3
Fee to MYC4	2.00%		≈	€3

Partner

Amount	€146
Currency	Tanzanian Shilling
Investor interest rate	12.00% p.a.
Current investor interest rate	11.80% p.a.
Total cost for business (APR)	66.25% ≈ €12
Payback period	3 months (no grace period)
Collateral & security	Television set, Radio, Sofa set, Fridge

Provider	BELITA
Administrator	BELITA
Product	BELITA BUSINESS LOAN

All Botique
Durable Goods - Retail, Tanzania

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All Botique Durable Goods - Retail, Tanzania

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

All Botique
Durable Goods - Retail, Tanzania