View Loan: Keziah Wambui | Loans

Keziah Wambui
Consumer Goods - Retail, Kenya

Keziah Wambui requires the facility in order to increase her working capital requirements. The funds will be used to purchase commercial feeds for the dairy business and an additional dairy cow to increase her milk production.

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Status

Status

Started repaying as of 30/07/2012.

Investments

100% of €1,094 funded by 61 investors.

Repayments

72% repayed. Repayment is on track.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	45.27%		≈	€233	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	39.65%	p.a.	≈	€211
Interest to provider	0.00%	p.a.	≈	€0
Interest to administrator	22.00%	p.a.	≈	€117
Interest to MYC4	6.00%	p.a.	≈	€32
Interest to investors	11.65%	p.a.	≈	€62
Total fee	2.00%		≈	€22
Fee to provider	0.00%		≈	€0
Fee to administrator	0.00%		≈	€0
Fee to MYC4	2.00%		≈	€22

Partner

Amount	€1,094
Currency	Kenyan Shilling
Investor interest rate	12.00% p.a.
Current investor interest rate	11.65% p.a.
Total cost for business (APR)	45.27% ≈ €233
Payback period	12 months (no grace period)
Collateral & security	The facility is secured by household assets

Provider	Micro Africa Ltd
Administrator	MicroKenya
Product	Kenya Group Loan 2

Keziah Wambui
Consumer Goods - Retail, Kenya

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Keziah Wambui Consumer Goods - Retail, Kenya

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Keziah Wambui
Consumer Goods - Retail, Kenya