With a loan of EUR 12,000 Prince can further expand and professionalize his stores in building materials.
Prince has more than 20 years working experience in building materials and imports the goods from China, United Kingdom and Hong Kong etc. He sells on both wholesale and retail basis with most of his clients located in Kumasi, Brong Ahafo and some parts of the Northern Region. Client sells on both cash and credit basis with a credit cycle of seven days. Prince's business is strategically located at Adum the main commercial hub in the Ashanti Region, adjacent Adjekums building.
Prince has 8 workers who take charge of the three outlets in Adum, mampong and Bibieni. His competitors are Multi Frious Enterprise, Autus enterprise and Royal Kast.
Lendahand will provide the loan to Prince together with local partner ABii National. The loan has to be repaid in 12 months.
1. X-Trail 4x4 STWAGON 2000 model with OMV of GHS 40,000 and FSV GHS 30,000 which belongs to the customer; 2.Monthly cash build-up of GHS 1,000.00 and Assignment of stock 60,000.
|Prince Kwame Acheampong
|Wholesale / Retail
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- With this investment 1 job is created
- With this investment 4 lives are improved