View Loan: Peter Mwangi Gichuri | Loans | MYC4

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Peter Mwangi Gichuri
Services, Kenya

Peter operates the business of motorbike transport. He wants a loan to buy another motorbike to maximise his profits.

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Status

Status	Fully repaid as of 29/06/2009.
Investments	100% of €376 funded by 7 investors.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	53.16%		≈	€46	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	18.80%	p.a.	≈	€19
Interest to provider	6.00%	p.a.	≈	€6
Interest to administrator	4.00%	p.a.	≈	€4
Interest to MYC4	2.00%	p.a.	≈	€2
Interest to investors	6.80%	p.a.	≈	€7
Total fee	7.00%		≈	€26
Fee to provider	3.00%		≈	€11
Fee to administrator	2.00%		≈	€8
Fee to MYC4	2.00%		≈	€8

Partner

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