View Loan: Nalwoga Oliver | Loans

Nalwoga Oliver
Retail, Uganda

Oliver runs a shop that sells hardware and spare parts. She solicits for a loan of 2107 euros to increase her working capital in order to stock more products and expand her business.

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Status

Status	Fully repaid as of 26/02/2010.
Investments	100% of €2,808 funded by 70 investors.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	42.77%		≈	€542	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	25.39%	p.a.	≈	€359
Interest to provider	3.00%	p.a.	≈	€42
Interest to administrator	5.00%	p.a.	≈	€71
Interest to MYC4	2.00%	p.a.	≈	€28
Interest to investors	15.39%	p.a.	≈	€218
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	€2,808
Currency	Ugandan Shilling
Investor interest rate	17.00% p.a.
Current investor interest rate	15.39% p.a.
Total cost for business (APR)	42.77% ≈ €542
Payback period	12 months (no grace period)
Collateral & security

Provider	Gatsby Microfinance Limited
Administrator	Gatsby Microfinance Ltd.
Product	Not Named (100)

Nalwoga Oliver
Retail, Uganda

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Nalwoga Oliver Retail, Uganda

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Nalwoga Oliver
Retail, Uganda