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funding gap emerging markets
Ghana

Gyamdulex Ent

  • ABii National
  • Invest in a Financial Institution
  • + 100 other investors
  • With EUR 48,200 Alexander is able to strengthen his stock capacity and deliver more products to wholesale clients.

    €48,200
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€48,200
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 26 days on 31 October 2015.

      Summary

      The business was registered on 6th October 1997 under a business name Gyamdulex Trading. The business is located at Adum Pampaso near ultimate fashion. Customer deals in consumables like drinks, toothbrush, chewing gums.

      The customer started working over 40 years ago. After school he also entered into second hand goods business which dealt in refrigerators, televisions, irons, and second hand clothing alongside the provisions store.

      As times passed by he shifted attention on fast moving consumable goods (FMCG). He travels to neighboring countries like Togo and Nigeria to bring these products. He also purchases locally as and when the need arise. Through hard work, he won a contract to supply chewing gums, toothpaste, toothbrush, car accessories (air fresheners), etc. to some Shell shops, Total marts and other filling stations’ marts. Client sells on both wholesale and retail basis. He manages the wholesale whilst his wife also takes care of the retailing aspect in their shop located at Pampaso, Kumasi.

      He has 4 employees who has been with him for over five years and are experienced in this line of business who assist in the daily operation of the business.

      Lendahand will provide the loan to Alexander together with local partner ABii National in order to strengthen his stock capacity to accomadate the rising demand.

      Legal mortgage over landed property located at Airport Residential Estate Area, Kumasi with a FSV of GHS 377,108.00 which belongs to the owner of the business

      Company nameGyamdulex Ent
      CEOAlexander Adu Gyamfi
      Founded1997-01-01
      LocationAdum Pampaso
      SectorWholesale / Retail
      Turnover€564,729.39
      Employees4

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Gyamdulex Ent

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