Tecjoy Enterprise

With a loan of EUR 6,800 Emma can expand her shop in rice, flour and sugar and hire an extra employee.

funding gap emerging markets

The project

Tecjoy Enterprise has been in operation for about 5years but registered the company in 2014, 6th June to deal in General Trading. The client buys and sells commodities like Rice, Sugar, Flour and Tin products. The business of the client is located at Kasoa New Market. Borrower is a retailer and gets her supplies from Ramany and Sons, Starlon Comp and Fofana Enterprise and pays on both cash and credit basis. Borrower also sells on cash and credit basis to her customers both on cash and credit basis to selected few.

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

ABii National

CEO
Emma Bekoe
Founded
2010-01-01
Location
Kasoa, Accra
Sector
Wholesale / Retail
Turnover
€248,831.37
Employees
2
€6,800raised
Fully funded in 4 days on 19 May 2015.
6investors
Invest in microfinance
€6,800
target
3.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved