View Loan: Revina Pharmacy | Loans

Revina Pharmacy
Personal Care - Retail, Tanzania

Revina Evelyn Edward is requesting a financial assistance to boost her business, she want to use this loan to restock medicine and cosmetics in her business, in order to satisfy her customer demand also earning more income.

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Status

Status

Started repaying as of 22/10/2012.

Investments

100% of €1,300 funded by 111 investors.

Repayments

86% repayed. Repayment is on track.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	72.16%		≈	€274	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	53.57%	p.a.	≈	€222
Interest to provider	0.00%	p.a.	≈	€0
Interest to administrator	35.00%	p.a.	≈	€145
Interest to MYC4	6.00%	p.a.	≈	€25
Interest to investors	12.57%	p.a.	≈	€52
Total fee	4.00%		≈	€52
Fee to provider	0.00%		≈	€0
Fee to administrator	2.00%		≈	€26
Fee to MYC4	2.00%		≈	€26

Partner

Amount	€1,300
Currency	Tanzanian Shilling
Investor interest rate	14.00% p.a.
Current investor interest rate	12.57% p.a.
Total cost for business (APR)	72.16% ≈ €274
Payback period	8 months (no grace period)
Collateral & security	she pledged home chattel

Provider	Tujijenge Tanzania Ltd
Administrator	Tujijenge Tanzania
Product	Mkopo Binafsi

Revina Pharmacy
Personal Care - Retail, Tanzania

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Revina Pharmacy Personal Care - Retail, Tanzania

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Revina Pharmacy
Personal Care - Retail, Tanzania