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funding gap emerging markets
Ghana

Tokorozawa Enterprise

  • ABii National
  • Invest in microfinance
  • + 55 other investors
  • With a loan of EUR 25,200 Kwasi will be able to import a large bulk of bicycles, repair them and sell them in Accra.

    €25,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€25,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 41 days on 5 May 2015.

      The project

      Kwasi imports used bicycles, operates a printing press and owns a tilapia farm. This diversification strategy is quite succesful. He has been operating for 10 years now in the Abossey Okai area in Accra. 

      He has 6 peop[le working for him, equally divided over the 3 businesses. With the loan, he will be able to hire an additional staff of 2 workers.

      Lendahand will provide this loan to Kwasi, together with local partner ABii National. The loan has to be repaid in 12 months.

      Company nameABii National
      CEOKwasi Asumang
      Founded2005-01-01
      LocationAbossey Okai, Accra
      SectorWholesale / Retail
      Turnover€339,566.75
      Employees6

      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 Tokorozawa Enterprise

      Jos Dingemans
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      55
      investors