Victory Enterprise

With a loan of EUR 12,000 Regina can buy an extra truck to distribute her goods in and around Accra.

funding gap emerging markets

The project

Victory R. K. Enterprise is a sole proprietorship business registered on 30th January 2007. They business was earlier mandated to deal general merchant, sale of ladies bags until 12 February 2009 when it was mandated by amendment to operate Coldstore in addition to the business. The business has three main outlets at Mamobi Gutter, Nima and Amasaman. They retail fish and all kinds of edible meat to small vendors, individuals and retailers as well. The business has 2 vans that distribute goods to its customers in and around Accra. The borrower has a lot of customers who buy from them on daily basis. The customer buys her products mainly from the Tema Fishing Harbor and sometimes at the industrial Area.

The business is owned by Madam Regina Victory Kwamina. They have staff strength of fifteen who attend and assist in the management of the business.

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

Collateral

Toyota 4Runner 2003 model with registration GG 1744-14 GHS 65,000.00

ABii National

CEO
Regina Kwamina
Founded
2007-01-01
Location
Accra
Sector
Wholesale / Retail
Turnover
€613,384.09
Employees
15
€12,000raised
Fully funded in 26 days on 31 October 2015.
26investors
Invest in microfinance
€12,000
target
3.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved