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Fashion Institute Seeking Loan in Dar es Salaam, Tanzania

Manufacturer of women's clothing planning to set-up an apparel store and a fashion college.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 16 thousand
Run Rate Sales USD 4.8 thousand
EBITDA Margin 40 %
Industries Women's Clothing + 1 more
Locations  Dar es Salaam
Local Time 8:10 AM Africa / Dar es Salaam
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 15.0% annual interest, 5 years (Native Currency: TZS 150,000,000)
Reason: To finance the construction and operation of a fashion college.
Collateral Available: USD 80 thousand
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Documents
Business Overview
- Company manufactures made to measure women's clothing since its inception in 2011.
- One of the problem areas in Tanzania is that we do not have a proper fashion school to train professionals in fashion design, and upcoming designers are forced to go to other countries for training.
- We have seen a market in the area of providing training to upcoming fashion designers and business owners of fashion kiosks in Tanzania.
- We plan to set up a fashion school and expand to selling ready-to-wear clothing online and in shops. We will also continue to attend to our long time clientele of made to measure garments which will also be a good facility to provide practicals to the trainees in fashion school.
- Made-to-measure clientele has grown tremendously each year and has made it possible to build new windows of businesses in the USA and UK.
- We were among the 100 women business owners winners gathered in Rwanda by the Invest2Impact program which is still an ongoing program to help women business owners to build capacity and access finance.
- Sales have dropped due to various external factors such as Covid.
Products & Services Overview
1. Made to measure for women is the number one product.
2. Ready to wear.
3. Training upcoming fashion designers and small tailor vendors.
4. Kids clothing line for girls. (planned)
Assets Overview
Physical assets owned by the business include sewing machines, computer, printer and inventory stock.
Facilities Overview
The business is located in the city centre of Dar es-Salaam. It is a rented office with ample space divided into work zones such as production area, reception, customer stock area, inventory zone, kitchen, customer lounge, toilets/bathrooms. All facilities are on a single floor.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Principal Consultant., Pune, M&A Advisor connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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