View Loan: St.patrick school | Loans

St.patrick school
Education - Services, Kenya

Nancy kadenyi otieno would like to secure a loan which will cater for buying books and stationery for her school located in Dandora. She provides education to the children consisting of middle income earners and less fortune children. It has also helped poor children to the community.

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Status

Status

Started repaying as of 10/12/2012.

Investments

100% of €1,363 funded by 31 investors.

Repayments

29% repaid. 37% should have been repaid by now according to loan contract. Repayment is not on track.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	53.32%		≈	€332	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	44.41%	p.a.	≈	€291
Interest to provider	26.00%	p.a.	≈	€170
Interest to administrator	0.00%	p.a.	≈	€0
Interest to MYC4	6.00%	p.a.	≈	€39
Interest to investors	12.41%	p.a.	≈	€81
Total fee	3.00%		≈	€41
Fee to provider	1.00%		≈	€14
Fee to administrator	0.00%		≈	€0
Fee to MYC4	2.00%		≈	€27

Partner

Amount	€1,363
Currency	Kenyan Shilling
Investor interest rate	14.00% p.a.
Current investor interest rate	12.41% p.a.
Total cost for business (APR)	53.32% ≈ €332
Payback period	12 months (no grace period)
Collateral & security	House Hold items

Provider	SISDO
Administrator	SISDO
Product	Daraja

St.patrick school
Education - Services, Kenya

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St.patrick school Education - Services, Kenya

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

St.patrick school
Education - Services, Kenya