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funding gap emerging markets
Ghana

Grace Academy

  • ABii National
  • Invest in microfinance
  • + 33 other investors
  • With a loan of EUR 12,200 Jonas can finance the completion of upper primary class room block.

    €12,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€12,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 4 August 2015.

      The project

      His Divine Grace Academy was registered as a sole proprietorship business on 13th July, 2007. The business however started in 2005. The business has been established to run a school. The school is located at Kasoa-America Junction on Nyanayano Kakraba road. The school runs tuition from Pre-school (crèche to KG) to JHS 3. The school is a GES (Ghana Education Service) accredited educational institutional.

      The school is managed by Jonas Osae Owusu who also doubles as the Chief of Agona Kwanyako in the Central region. However he is being assisted by other management members. The school currently has a total population of 822 pupils and still counting; with staff strength of 55 both teaching and non-teaching staff. The school has a boarding facility, and it has transport facilities which also convene pupils to and from the school to their respective house. Income for running the school comes from school fees, feeding fee, boarding fee transport and stationaries.

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

      Company nameABii National
      CEOJonas Osae Owusu
      Founded2005-01-01
      LocationKasoa
      SectorServices
      Turnover€121,801.47
      Employees55

      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 Grace Academy

      Annelies Braakman
      Derkjan van Veen
      Marcel Linssen
      Hajé van Egmond
      Gert Mosterd
      + and another
      33
      investors