Apparel Store Seeking Loan in Port-au-Prince, Haiti
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | USD 5.3 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Apparel Stores |
| Locations | Port-au-Prince |
| Local Time | 3:06 AM America / Port-au-Prince |
| Listed By | Business Owner / Director |
| Status | Recently Active |
2. The monthly production capacity was 500 units, indicating a consistent stream of income for the business.
3. Digital marketing used to play a crucial role in the business's operations, with a focus on platforms such as Facebook, WhatsApp, TikTok, and occasionally Instagram, in addition to traditional marketing methods like flyers.
4. The business used to sell a diverse range of products, including clothes, shirts, t-shirts (both oversized and crop tops), and dresses, targeting a demographic of young men and women, artists, and influencers.
5. A notable aspect of the business model is the procurement of clothes from Alibaba, which were then sent to a third party for screen printing with custom designs.
6. The proposed loan will be utilized to invest in new screen-printing machines and transition the printing process in-house.
7. Despite facing operational challenges in the previous year, the business aims to leverage the loan to restart and expand its activities.
The major clients were young men and women, artists, and influencers.