Regina Mumbi Njoroge
Retail, Kenya

Regina Mumbi owns a boutique where she sells new cloths for both men and ladies. She would like a loan to expand her business by adding more stock in her boutique.

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Key Figures
Amount €549
Currency Kenyan Shilling
Investor interest rate 13.00% p.a.
Current investor interest rate 9.81% p.a.
Total cost for business (APR) 45.82% ≈ €85
Payback period 9 months (no grace period)
Collateral & security
Status
Status Defaulted as of 25/03/2010.
Investments 100% funded by 22 investors.
Repayments
43% 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