Le projet

Bonvi Cosmetics & Trading Enterprise is a wholly owned Ghanaian business which was incorporated under the Companies Code, Act 1962(No.151) with registration number BN822872014 as a sole proprietorship business registered on 1st June, 2005.

Client has been in the business for the past five (5) years. Borrower purchases locally and also imports when the need arise. Client’s major suppliers are Tobinco Pharmaceutical Ltd, De Mike Cosmetics Ltd located in Nigeria, AmaniBest Concept Ventures also located in Nigeria.(Invoices have been attached). The nature of client’s business necessitates the issuance of cheques, with less cash transaction. Some of her suppliers mostly give the products to her on cash and carry basis and also some gives her a week or two to pay back. Borrower is into wholesale and retail of all kinds of cosmetics. Client also gives a week or two to his credit worthy customers to pay back.

The business is located at K.O opposite the Methodist Book Depo in Kumasi at a very vantage position for easy location. 

Lendahand will provide the loan to Vida together with local partner ABii National. The loan will be repaid in 12 months.

Collateral:

Hyundai Tucson with value of GHS 45,000

Assignment of stocks value GH 50,000

Monthly cash build-up of GHS1,000