Senaky Enterprise
With EUR 12,000 Seth is enabled to import a container filled with goods from the Netherlands. Maturity 6 months!
€12,000
3.00%
6 months
6 months
EUR
CurrencyAmount | €12,000 |
Interest | 3.00% |
Maturity | 6 months |
Repayments | 6 months |
Currency | EUR |
The project
Senaky Enterprise is a wholly-owned Ghanaian business which was incorporated under the Companies Code, Act 151, 1962 with registration number BN-4173B as a Sole Proprietorship business. The business was registered on 10th March 1992. Senaky Enterprise is into the wholesale of second-hand tyres, tractors and general goods.
Customer after completion of his O level education, worked with Black Star Line as a Clerk for Ten (10) years. He resigned thereafter to start his own business of selling second-hand tyres in Ashaiman with his emoluments after his retirement. He started by buying the second-hand tyres directly from the port in Tema. Due to clients experience and dedication to the work, he was introduced into the tractor business.
Customer imports his goods from Holland; he has sixteen (16) wholesale outlets all over the country. He does his purchases from Holland; he imports ten 40-footer containers in a year. Customer embarks on business trip at least twice in a year, on each trip he import five 40-footer containers of goods.
Lendahand will provide this loan to Seth via local partner ABii National.The loan has to be repaid in 6 months.
Collateral: one brand new 2014 unregistered Massey Ferguson tractor valued at GHS150,000
Company name | ABii National |
CEO | Seth Narh |
Founded | 1992-01-01 |
Location | Accra |
Sector | Wholesale / Retail |
Turnover | €1,037,940.48 |
Employees | 17 |
Impact
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- With this investment 2 jobs are created
- With this investment 8 lives are improved