Summary: MindNET raised GHC 30,000 for EZOV through SNV’s P2P loan initiative for WASH-related businesses.
Client: EZOV Environmental Services
Date: October 13th 2019
Details:
MindNET and EZOV engaged in an agreement that outlined MindNET as a business partner with the specific role of developing EZOV’s business. MindNET outlined several capital raising opportunities for EZOV, to help EZOV go about the purchasing of plastic waste from various collection points.
SNV’s P2P loan program was settled on because of its accessibility and low interest. Over the course of a year, MindNET helped ready EZOV to apply for the loan, and facilitate the application process eventually leading to the raising of GHC 30,000.
The money will be used for the purchase of raw materials from various waste collection points. This will go a long in securing EZOV’s business for the rest of the year, and also act as a basis to apply for further loans and other affordable capital in the sector.
EZOV is a Ghanaian owned recycling company with its facility located in Pokuase.
October 21, 2019