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Ebong Jacob
Durable Goods - Retail, Uganda

Ebong Jacob is a business man running a hardware shop. He sells cement, roof tiles, iron sheets and others. He is seeking for a loan to add more stock in his business.

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Status

Status	Fully repaid as of 12/03/2010.
Investments	100% of €4,260 funded by 83 investors.

Key Figures

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Costs for Business

Total cost for business (APR)	40.61%		≈	€785	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	23.53%	p.a.	≈	€508
Interest to provider	3.00%	p.a.	≈	€65
Interest to administrator	5.00%	p.a.	≈	€108
Interest to MYC4	2.00%	p.a.	≈	€43
Interest to investors	13.53%	p.a.	≈	€292
Total fee	6.50%		≈	€277
Fee to provider	2.50%		≈	€107
Fee to administrator	2.00%		≈	€85
Fee to MYC4	2.00%		≈	€85

Partner

Amount	€4,260
Currency	Ugandan Shilling
Investor interest rate	17.00% p.a.
Current investor interest rate	13.53% p.a.
Total cost for business (APR)	40.61% ≈ €785
Payback period	12 months (no grace period)
Collateral & security

Provider	Gatsby Microfinance Limited
Administrator	Gatsby Microfinance Ltd.
Product	Not Named (99)

Ebong Jacob
Durable Goods - Retail, Uganda

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Ebong Jacob Durable Goods - Retail, Uganda

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Ebong Jacob
Durable Goods - Retail, Uganda