Hadijah Asuman
Manufacturing, Uganda

Hadijah owns and runs a tailoring business. She wants another loan so that she purchases more fabric and sewing machines. She will then have the capacity to serve more clients thus increasing her monthly turnover.

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Key Figures
Amount €1,300
Currency Ugandan Shilling
Investor interest rate 13.00% p.a.
Current investor interest rate 11.20% p.a.
Total cost for business (APR) 38.18% ≈ €281
Payback period 15 months (no grace period)
Collateral & security
Status
Status Defaulted as of 25/03/2010.
Investments 100% funded by 33 investors.
Repayments
23% 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)