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funding gap emerging markets
Ghana

PPAK Motors Ltd.

  • ABii National
  • Invest in a Financial Institution
  • + 70 other investors
  • With a loan of EUR 47.200 Kwadwo can purchase Toyota spare-parts to meet the demand in the market.

    €47,200
    Amount
    4.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€47,200
    Interest4.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 13 March 2016.

      Summary

      The business is managed by Mr. Kwadwo Asiedu and Mr. Nickolas Acheampong as directors of the company and has seven people in their employment.

      PPAK Motors Limited is a dealer in Toyota spare parts at Abossey Okai in Accra. The client has been in business for over ten years and has acquired lots of business experience.

      The facility will be used to augment client’s working capital to increase purchase of goods for sale to meet the demand for auto parts in the market.

      Lendahand will provide this loan to Kwadwo together with local partner ABii National. The loan has to be repaid in 12 months.

      Company namePPAK Motors Ltd.
      CEOKwadwo Asiedu
      Founded2005-01-01
      LocationAccra
      SectorWholesale / Retail
      Turnover€124,419.14
      Employees7

      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 PPAK Motors Ltd.

      Joop Singeling
      Derkjan van Veen
      Leendert Smit
      Marco van der Ploeg
      A. Pronk
      + and another
      70
      investors