Ecommerce Website Seeking Loan in Lae, Papua New Guinea
Business into selling of handcrafts that receives 10 to 15 orders per month, seeks loan.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 25.6 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Ecommerce Websites |
| Locations | Lae |
| Local Time | 6:11 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23.7 thousand
for
10.0%
annual interest,
2
years
(Native Currency: PGK 100,000)
Reason: Growing the business and finding overseas markets to sell handcrafts.
Collateral Available: USD 23.7 thousand
Includes physical assets worth
USD
23.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Registration Certificate
(1.2 MB)
Business Pamphlet
(73.5 KB)
Business Overview
- Business is into selling of handcrafted products.
- We source the products directly from people in our local community.
- Currently, we receive 10 to 15 order per month.
- Business is debt-free and is run by a sole owner.
- The promoter has been advocating for environment conservation and promoting local handcrafts during their jungle expeditions for cryptid researches.
- We source the products directly from people in our local community.
- Currently, we receive 10 to 15 order per month.
- Business is debt-free and is run by a sole owner.
- The promoter has been advocating for environment conservation and promoting local handcrafts during their jungle expeditions for cryptid researches.
Products & Services Overview
Engaged in the selling of native handcrafts like blouses, baskets, trays, necklaces, and wall paintings.
Assets Overview
Drones, bus, camcorder are included in physical assets.
Facilities Overview
Currently, we do not have any office facility. It is a mobile business that travels all around the country.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysConsulting, Port Moresby, Financial Consultant connected with the Business
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