funding gap emerging markets
Ghana

New Chapter Trading

  • ABii National
  • Local partner investment
  • + 12 other investors
  • With a loan of EUR 12,000 Elizabeth can further expand her wholesale business and outlet shop in provisions.

    €12,000
    Amount
    3.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€12,000
    Interest3.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 days on 18 August 2015.
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      Based on all Lendahand historical investments
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      Summary

      New Chapter Trading is a wholly owned Ghanaian sole proprietorship form of business which was registered on the 16th January, 2009. The company has been in existence for the past sixteen (16) years before its registration in 2009 and has been growing steadily.

      The business is mandated to deal in wholesaling and retailing of provisions. Elizabeth has two (2) outlets located at Darkuman and Somanya. Darkuman happens to be the main office. The business has the support of six (6) permanent workers including the managing director.The staff strength includes one (1) General Manager, one (1) Accountant and 4 Sales Persons.

      Customer purchases her stock from renowned importers in the country such as Forwin Ghana Limited, Multi-Pro, Pormasidor Limited, Global Grand, Empire and others. She enjoys soft credit from these suppliers for three to five days.

      Lendahand will provide the loan to Elizabeth together with local partner ABii National. The loan has to be repaid in 6 months.

      Collateral

      Kia Frontier Truck 2003 with FSV of GHS 23,000

      M/Benz 512D Van with FSV of GHS 32,000

      Assignment of stocks worth GHS 60,000

      Company nameNew Chapter Trading
      CEOElizabeth Adjei
      Founded1999-01-01
      LocationDarkuman
      SectorWholesale / Retail
      Turnover€567,884.22
      Employees6

      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 New Chapter Trading

      Jan de Wit
      Ron van Eijk
      + and another
      12
      investors