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Ssegwanyi Lawrence
Durable Goods - Retail, Uganda

Ssegwanyi Lawrence is a business man selling mainly bags and suitcases. He is seeking for a loan to increase his working capital and add more stock in his business.

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Status

Status	Not funded as of 12/04/2009.
Investments	100% of €6,551 funded by 126 investors.

Key Figures

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Costs for Business

Total cost for business (APR)	41.36%		≈	€1,832	Yearly and total values The APR in the first row always shows an annual value (Annual Percentage Rate). The total cost for the business as a monetary value in the second row however, is not an annual value, but is the sum of interests and fees paid for the whole period of the loan. Furthermore, the amounts in EUR are approximate and do not reflect currency rates and late repayments
Total interest	28.09%	p.a.	≈	€1,373
Interest to provider	3.00%	p.a.	≈	€147
Interest to administrator	5.00%	p.a.	≈	€244
Interest to MYC4	2.00%	p.a.	≈	€98
Interest to investors	18.09%	p.a.	≈	€884
Total fee	7.00%		≈	€459
Fee to provider	2.50%		≈	€164
Fee to administrator	2.50%		≈	€164
Fee to MYC4	2.00%		≈	€131

Partner

Amount	€6,551
Currency	Ugandan Shilling
Investor interest rate	17.00% p.a.
Current investor interest rate	18.09% p.a.
Total cost for business (APR)	41.36% ≈ €1,832
Payback period	18 months (no grace period)
Collateral & security

Provider	Gatsby Microfinance Limited
Administrator	Gatsby Microfinance Ltd.
Product	Not Named (104)

Ssegwanyi Lawrence
Durable Goods - Retail, Uganda

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Ssegwanyi Lawrence Durable Goods - Retail, Uganda

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Ssegwanyi Lawrence
Durable Goods - Retail, Uganda