funding gap emerging markets
Ghana

Faco Plumbing Works

  • ABii National
  • Local partner investment
  • + 27 other investors
  • With a loan of EUR 9,800 plumber Francis can purchase more materials. Maturity of the loan is 6 months.

    €9,800
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,800
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 4 August 2015.
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      Based on all Lendahand historical investments
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      Project will be fully funded

      Summary

      Faco plumbing works, popularly known as FACO, is a registered sole proprietorship business from the register general department with No¬_ BN-35706 dated 3rd March 2000; the business is operated and owned by Francis Komla Klu. He has been in business for the past 10 years and this is his core business. He runs business from Mondays to Saturdays and has his wife and 2 other assistants helping in the day to day running of the business.

      Faco has two shops both at Texaco. One is towards the Oda road which serves customers at Wawase, Nsaba, Duakwa, Nyakrom and other surrounding towns and communities. The other shop is towards Chapel square which serves customers at Chapel square, Aboso, Winneba, etc.

      Faco Plumbing Works has varieties of products such as water pipe lines (duraplast, interplast), Water closet (w.c), bath sink, stop cock, brush, dustbin, mob-bucket bathing soap, detergent, etc. He gets his supply from Duraplast and Interplast and does the rest of the purchases from Accra using his Mazda Pick-up. Faco Plumbing Works is one of the popular suppliers of plumbing materials in Swedru and its surrounding towns.

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

      Company nameFaco Plumbing Works
      CEOFrancis Komla Klu
      Founded2000-01-01
      LocationTexaco, Ghana
      SectorServices
      Turnover€117,051.47
      Employees5

      Impact

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

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

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      We have already contributed for Faco Plumbing Works

      Gert Mosterd
      Leendert Smit
      Derkjan van Veen
      A. Pronk
      + and another
      27
      investors