Samomens Enterprise

With EUR 25,000 Samuel will be able to upscale his company and sell more clothing to retailers in more region's.

funding gap emerging markets

The project

Samuel is an entrepreneur in the south of Ghana and sells second hand clothing. His business is primarily located at Ash Town, Kumasi. He started his business in 2004, after several years of experience in the branche. 

He is working in the company together with his wife. Besides that, there are 2 people working at the company. Main activities for the employees are loading and offloading of clothing in and out of the warehouse.

Samuel is requesting a loan because he plans in upscaling his business. With more working capital, he will be able to enlarge his warehouse and increase deliveries to more customers. Together with Lendahand ABii National is providing this loan, to be repaid in 12 months.

ABii National

CEO
Samuel Osei Mensah
Founded
2004-01-01
Location
Ash Town, Kumasi
Sector
Wholesale / Retail
Turnover
€684,032.72
Employees
4
€25,000raised
Fully funded in 44 days on 22 March 2015.
45investors
Invest in microfinance
€25,000
target
3.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

2
Jobs created
8
Lives improved