View Loan: Okello Emiku Titus | Loans

Okello Emiku Titus
Healthcare - Services, Uganda

Titus is asking for financial assistance so as he can buy more medicine to stock the shop. He says this will be of great help to his business as well as the community since there will be more drugs to save lives.

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Status

Status	Fully repaid as of 04/01/2013.
Investments	100% of €938 funded by 55 investors.

Key Figures

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Costs for Business

Total cost for business (APR)	54.15%		≈	€222	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	33.77%	p.a.	≈	€156
Interest to provider	0.00%	p.a.	≈	€0
Interest to administrator	16.00%	p.a.	≈	€74
Interest to MYC4	6.00%	p.a.	≈	€28
Interest to investors	11.77%	p.a.	≈	€54
Total fee	7.00%		≈	€66
Fee to provider	0.00%		≈	€0
Fee to administrator	5.00%		≈	€47
Fee to MYC4	2.00%		≈	€19

Partner

Amount	€938
Currency	Ugandan Shilling
Investor interest rate	12.00% p.a.
Current investor interest rate	11.77% p.a.
Total cost for business (APR)	54.15% ≈ €222
Payback period	12 months (no grace period)
Collateral & security	Unregistered land

Provider	Gatsby Microfinance Limited
Administrator	Gatsby Microfinance Ltd.
Product	SMALLbiz Investment loan

Okello Emiku Titus
Healthcare - Services, Uganda

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Okello Emiku Titus Healthcare - Services, Uganda

FOR A NUMBER OF REASONS

SEE HOW MYC4 WORKS

AS FEATURED IN

FEEL FREE TO SHARE

Okello Emiku Titus
Healthcare - Services, Uganda