View Loan: Joseph Kadoma Byaruhanga | Loans

Joseph Kadoma Byaruhanga
Services, Uganda

Joseph owns a number of rental houses. He would like a loan in order to the fully furnish and complete the construction of his hotel. This will supplement his income hence increasing his monthly turnover.

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Status

Status

Defaulted as of 11/05/2012.

Investments

100% of €25,000 funded by 297 investors.

Repayments

100% repayed. Repayment is on track.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	29.92%		≈	€10,738	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	23.68%	p.a.	≈	€9,113
Interest to provider	1.00%	p.a.	≈	€385
Interest to administrator	2.00%	p.a.	≈	€770
Interest to MYC4	2.00%	p.a.	≈	€770
Interest to investors	18.68%	p.a.	≈	€7,189
Total fee	6.50%		≈	€1,625
Fee to provider	3.50%		≈	€875
Fee to administrator	1.00%		≈	€250
Fee to MYC4	2.00%		≈	€500

Partner

Amount	€25,000
Currency	Ugandan Shilling
Investor interest rate	22.00% p.a.
Current investor interest rate	18.68% p.a.
Total cost for business (APR)	29.92% ≈ €10,738
Payback period	36 months (no grace period)
Collateral & security

Provider	FED
Administrator	CMC
Product	Not Named (85)

Joseph Kadoma Byaruhanga
Services, Uganda

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Joseph Kadoma Byaruhanga Services, Uganda

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Joseph Kadoma Byaruhanga
Services, Uganda