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funding gap emerging markets

K. Fones Ventures

  • ABii National
  • Invest in microfinance
  • + 32 other investors
  • With EUR 12,200 Kweku can purchase mobile phones and accessories for the upcoming festivals in Swedru.

    6 months
    6 months
    Maturity6 months
    Repayments6 months
      Fully funded in 2 days on 2 August 2015.

      The project

      K. Fones Ventures is a sole proprietorship business owned by Kweku Yeedu which was registered under the registration of business Names Act, 1962 (Act 151) with registration number BN758422014. The enterprise has a mission to be a proud dealer and supplier of reliable and trustworthy mobile phones products and accessories at comparatively cheaper price, for the retailers, and consumers.

      Kweku has two shops where trading in mobile phones and accessories are done. The shops are at Odakwano and Texaco all in Agona Swedru. Both locations are commercial areas in Agona Swedru. Kweku has been in this line of business for over ten years now. He started at Odakwano and later added the store at Texaco to capture the business there and maintain his position as the market leader in and around Swedru. The enterprise employs 4 people. Its main suppliers are Techno, Samsung, Mhorse and SM phones. Kweku wholesales and retails largely to the general public in and around Agona Swedru which is a market center for at least 10 towns.

      Lendahand will provide the loan to Kweku, together with local partner ABii National. The loan has to be paid back in 6 months.

      Company nameABii National
      CEOKweku Yeedu
      LocationAgona Swedru
      SectorWholesale / Retail


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

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      We have already contributed to K. Fones Ventures

      Cees van Iperen
      Gert Mosterd
      Niek de Bruijn
      Marion van Wingerden
      Dinand Mentink
      + and another