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funding gap emerging markets
Ghana

SK Sarkodie Ent.

  • ABii National
  • Invest in a Financial Institution
  • + 8 other investors
  • With EUR 3,600 Paul can expand his inventory of high quality construction materials and hire 1 extra employee.

    €3,600
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,600
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 18 January 2015.

      Summary

      SK Sarkodie Ent. is managed and owned by Paul Sarkodie and was established in 1997 by mr Sarkodie senior. After Paul’s father passed away, business collapsed so Paul took over and applied for a loan to revive the company.

      The store sells construction hardware on retail basis only and currently employs 2 permanent workers. Even though competition is intense in the area, most of his customers are very loyal that come to the store for more than ten years. One valuable advantage he offers, while others don’t, is the free delivery of items to his customers.

      Lendahand will provide a loan together with local partner Abii National to Paul in order to purchase more hardware materials for resale and to hire 1 extra worker. The loan will be repaid in 6 months.

      Company nameSK Sarkodie Ent.
      CEOPaul Sarkodie
      Founded1997-01-01
      LocationAccra
      SectorServices
      Turnover€40,212.30
      Employees3

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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