With a loan of EUR 25,000 Hisham will be able to expand his wholesale business in fast moving consumer goods.
Litco Investments (Ghana) Ltd is duly registered under the companies code, 1963 (Act 179) on 18th February, 2006. It was authorized to engage in various lines of business including General Trading, Import and Export of General Goods, Provision of Engineering Consultancy Services and acting manufacturers Representative. The company from inception has concentrated on the sales and distribution of Fast Moving Consumer Goods of FMCG (Flour, Rice, Sugar, energy drinks, cooking oil etc).
Clients merchandise include Azonto Wheat Flour, Azonto Cola, Golden bow Wheat Flour, Florina Cooking Oil, Hyper & Giant Malt , Heaven Products, Tomato Paste, Margarine, Sugar & Rice (Adams Rice), Dost Pasta (Macaroni/Spaghetti).The distribution cuts across Western Region, Central and Ashanti Region through the use of their trucks and van. Clients major suppliers such as Edinpaco Company Limited, Ramani Distribution, Menkish Impex Ltd, Triple C (Gh) Ltd, Pratham International Ltd deal with him on both cash and credit basis, however the credit line is given in a two-week period. The business office is located at the Harbour Commercial Area close to the Coca Cola depot and the GPHA administrative office.
Lendahand will provide the loan to Hisham together with local partner ABii National. The loan has to be repaid in 12 months.
2007 Hyundai Santa Fe, 2000 Man Diesel and 2001 DAF CF 65 with FSVs of GHS 30,000.00, GHS 64,000.00 and GHS 40,000.00 respectively.
|Company name||Litco Investments|
|Sector||Wholesale / Retail|
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- With this investment 1 job is created
- With this investment 4 lives are improved