Mary Gathoni Mbugua
Farming & Fishing - Retail, Kenya

Mary intends to use the loan to acquire more animal feed because of high demand of the products in the area, since its farming community. Due to high number of dairy farmers Mary focuses on making profit and being able to expand her business to include other products such as poultry, and fish pellets.

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Key Figures
Amount €454
Currency Kenyan Shilling
Investor interest rate 16.00% p.a.
Current investor interest rate 10.04% p.a.
Total cost for business (APR) 38.33% ≈ €121
Payback period 18 months (no grace period)
Collateral & security Group Guarantee, Savings and Business assets
Status
Status Started repaying as of 07/02/2012.
Investments 100% funded by 32 investors.
Repayments
0% repayed. Repayment is on track.
Other Loans
Other loans with MYC4 This is the only loan with MYC4.
Costs for Business
Partner
Provider KEEF  
Administrator KEEF
Product KEEF OKOA LOAN