Fashion Institute Seeking Loan in Dar es Salaam, Tanzania
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 |
- 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.
2. Ready to wear.
3. Training upcoming fashion designers and small tailor vendors.
4. Kids clothing line for girls. (planned)
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Earlier than 15 daysPrincipal Consultant., Pune, M&A Advisor connected with the Business