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funding gap emerging markets
Ghana

Fairoozan Enterprise

  • ABii National
  • Invest in microfinance
  • + 18 other investors
  • With a loan of EUR 11,200 Iddrisu can purchase stock for her recently opened 2nd store. 3 extra jobs!

    €11,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€11,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 12 days on 27 May 2015.

      The project

      Fairoozan Enterprise has operated for about three years, but registered the business on 30th December, 2013 to buy and sell. The client buys products like food beverages, toiletries (bar and liquid Soaps), baby products among others from Nestle, Unilever, PZ and Forewin Ghana and sells them on whole sale and retail basis. The business of the client is located at Kasoa New Market. 

      The client sells to both micro companies and individuals on cash bases and a selected few on credit basis to be paid in full within one week (7days). She has opened a second shop at Kasoa Ofarkor for the same line.

      Lendahand will provide the loan to Iddrisu, together with local partner ABii National. The loan has to be paid back in 12 months.

      Company nameABii National
      CEOIddrisu Sawebata
      Founded2012-01-01
      LocationKasoa, Accra
      SectorWholesale / Retail
      Turnover€286,411.28
      Employees3

      Impact

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

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

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      We have already contributed to Fairoozan Enterprise

      Peter Boot
      + and another
      18
      investors