View Loan: Kikoyo Lawrence Wamala | Loans

Kikoyo Lawrence Wamala
Extraction, Uganda

Kikoyo Lawrence deals in carpentry and joinery. He makes household furniture like chairs, dining tables, wall units and others. He is seeking for a loan to increase his working capital and boost his business.

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Status

Status	Fully repaid as of 18/05/2010.
Investments	100% of €1,638 funded by 58 investors.

Key Figures

Other Loans

Costs for Business

Total cost for business (APR)	42.98%		≈	€317	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	25.57%	p.a.	≈	€211
Interest to provider	5.00%	p.a.	≈	€41
Interest to administrator	7.00%	p.a.	≈	€58
Interest to MYC4	2.00%	p.a.	≈	€17
Interest to investors	11.57%	p.a.	≈	€95
Total fee	6.50%		≈	€106
Fee to provider	2.50%		≈	€41
Fee to administrator	2.00%		≈	€33
Fee to MYC4	2.00%		≈	€33

Partner

Amount	€1,638
Currency	Ugandan Shilling
Investor interest rate	14.00% p.a.
Current investor interest rate	11.57% p.a.
Total cost for business (APR)	42.98% ≈ €317
Payback period	12 months (no grace period)
Collateral & security

Provider	Gatsby Microfinance Limited
Administrator	Gatsby Microfinance Ltd.
Product	Not Named (102)

Kikoyo Lawrence Wamala
Extraction, Uganda

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Kikoyo Lawrence Wamala Extraction, Uganda

FOR A NUMBER OF REASONS

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Kikoyo Lawrence Wamala
Extraction, Uganda