Munyarubuga Francois
Retail, Rwanda

Munyarubuga Francios, carries out a retail business of selling beer and he also has a video libraly as another small income generating activity. He needs the money to expand his business of selling beer and increase the profitability.

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Key Figures
Amount €418
Currency Rwanda Franc
Investor interest rate 16.00% p.a.
Current investor interest rate 7.18% p.a.
Total cost for business (APR) 48.35% ≈ €49
Payback period 6 months (no grace period)
Collateral & security This loan is secured with business and household assets with an estimated value of 500,000 Rwandan Francs.
Status
Status Fully repaid as of 18/03/2010.
Investments 100% funded by 30 investors.
Other Loans
Other loans with MYC4 This is the only loan with MYC4.
Costs for Business
Partner
Provider Micro Africa Ltd  
Administrator RML
Product MyC4-2 Rwanda