Yiadom Electrical

With EUR 36,400 Afua can buy many goods in the UK and finance the clearing of the devices in Accra's harbour.

funding gap emerging markets

The project

The business started fifteen years doing the same line of business. Afua is an importer of slightly used electrical home appliances. She imports her goods from the United Kingdom. Afua whosales and retails the products she sells. At this moment, she has two outlets with two warehouses at Lapaz and Kokomlemle.

She employs 3 workers who help her in the outlets and warehouses.

Together with local partner ABii National, Lendahand provides a loan to Afua for the purpose of purchasing stocks and clearing of goods from the ports. The loan has to be repaid in 12 months.

ABii National

CEO
Afua Yiadom
Founded
1999-01-01
Location
Accra
Sector
Wholesale / Retail
Turnover
€341,032.60
Employees
3
€36,400raised
Fully funded in 3 days on 31 January 2015.
57investors
Invest in microfinance
€36,400
target
4.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

3
Jobs created
12
Lives improved