Grace Odong
Retail, Uganda

Grace owns a mini supermarket. She would like to restock her shop with more commodities. This will enable her to meet the demands of her clients hence boosting her sales.

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Key Figures
Amount €750
Currency Ugandan Shilling
Investor interest rate 13.00% p.a.
Current investor interest rate 10.74% p.a.
Total cost for business (APR) 46.95% ≈ €119
Payback period 9 months (no grace period)
Collateral & security
Status
Status Defaulted as of 28/01/2010.
Investments 100% funded by 35 investors.
Repayments
31% repaid. 100% should have been repaid by now according to loan contract. Repayment is not on track.
Other Loans
Other loans with MYC4 This is the only loan with MYC4.
Costs for Business
Partner
Provider FED
Administrator CMC
Product Not Named (84)