Mariam Miraji Mrisho
Consumer Goods - Retail, Tanzania

The loan is to be used to buy more equipment and add more stock.

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Key Figures
Amount €3,700
Currency Tanzanian Shilling
Investor interest rate 14.00% p.a.
Current investor interest rate 9.24% p.a.
Total cost for business (APR) 42.34% ≈ €704
Payback period 12 months (no grace period)
Collateral & security She guarantees the loan personally with stationary assets, her household and she also has a guarantor who is very capable and has a permanent job.
Status
Status Defaulted as of 18/10/2010.
Investments 100% funded by 149 investors.
Repayments
72% 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 change2africa
Administrator change2africa
Product Midi