Makmot George
Services, Uganda

Makmot George is a businessman running a hotel where he offers accommodation, conferences, catering and entertainment services. He is seeking for a loan boost his hotel.

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Key Figures
Amount €4,347
Currency Ugandan Shilling
Investor interest rate 17.00% p.a.
Current investor interest rate 15.71% p.a.
Total cost for business (APR) 43.15% ≈ €846
Payback period 12 months (no grace period)
Collateral & security
Status
Status Defaulted as of 29/04/2010.
Investments 100% funded by 139 investors.
Repayments
90% 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