View Loan: Lucia Wanjiku Kariuki | Loans

Lucia Wanjiku Kariuki
Retail, Kenya

Lucia sells bales of clothes at Gikomba Open Air Market in Nairobi. With the loan, she will be able to buy more bales of clothes. She has been in the business for the past five years.

View business

Status

Status	Not funded as of 01/10/2008.
Investments	100% of €2,815 funded by 44 investors.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	40.90%		≈	€522	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	23.78%	p.a.	≈	€339
Interest to provider	4.00%	p.a.	≈	€57
Interest to administrator	2.00%	p.a.	≈	€29
Interest to MYC4	2.00%	p.a.	≈	€29
Interest to investors	15.78%	p.a.	≈	€225
Total fee	6.50%		≈	€183
Fee to provider	2.50%		≈	€70
Fee to administrator	2.00%		≈	€56
Fee to MYC4	2.00%		≈	€56

Partner

Amount	€2,815
Currency	Kenyan Shilling
Investor interest rate	16.00% p.a.
Current investor interest rate	15.78% p.a.
Total cost for business (APR)	40.90% ≈ €522
Payback period	12 months (no grace period)
Collateral & security

Provider	GrowthAfrica
Administrator	GrowthAfrica
Product	Not Named (36)

Lucia Wanjiku Kariuki
Retail, Kenya

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Lucia Wanjiku Kariuki Retail, Kenya

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Lucia Wanjiku Kariuki
Retail, Kenya