Alice Kyalisiima
Retail, Uganda

Alice deals in the sale of fabric in both wholesale and retail. She wants a second loan to invest in the purchase of more materials. This will enable her to serve more clients hence boosting her sales.

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Key Figures
Amount €1,750
Currency Ugandan Shilling
Investor interest rate 17.00% p.a.
Current investor interest rate 12.79% p.a.
Total cost for business (APR) 40.01% ≈ €395
Payback period 15 months (no grace period)
Collateral & security
Status
Status Defaulted as of 19/07/2010.
Investments 100% funded by 73 investors.
Repayments
30% 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 (84)