Rehema Naluyimbazi
Retail, Uganda

Rehema deals in the sale of men’s clothes. She would like another loan so that she can buy more stock. This will enable her to meet the demands of her clients. and increase her sales.

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Key Figures
Amount €500
Currency Ugandan Shilling
Investor interest rate 12.00% p.a.
Current investor interest rate 6.46% p.a.
Total cost for business (APR) 60.05% ≈ €66
Payback period 6 months (no grace period)
Collateral & security
Status
Status Defaulted as of 05/02/2010.
Investments 100% funded by 10 investors.
Repayments
66% 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 (88)