Mududu Francis
Services, Uganda

Mududu Francis runs a drug shop where he sells drugs and other kind of medicine. He is seeking for a loan to purchase a motorcycle for transport and also boost his stock.

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Key Figures
Amount €918
Currency Ugandan Shilling
Investor interest rate 14.00% p.a.
Current investor interest rate 9.42% p.a.
Total cost for business (APR) 40.49% ≈ €169
Payback period 12 months (no grace period)
Collateral & security
Status
Status Defaulted as of 21/12/2010.
Investments 100% funded by 37 investors.
Repayments
90% 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