ISP Seeking Loan in Kwakwani, Guyana
Company providing wireless internet to 110 clients, seeks a loan to expand in Linden.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 43 thousand |
| EBITDA Margin | 40 % |
| Industries | ISPs |
| Locations | Kwakwani |
| Local Time | 5:47 AM America / Guyana |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
62 thousand
for
8.0%
annual interest,
3
years
(Native Currency: GYD 13,000,000)
Reason: We are seeking a GYD 13 million loan to facilitate the expansion of our internet service into the Li...
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Collateral Available: USD 36 thousand
Includes physical assets worth
USD
26.5 thousand
Interested to connect with advisors
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Business Name
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Documents
National Insurance Scheme Compliance
(120.6 KB)
Certificate of Incorporation
(87.5 KB)
Business Overview
- The company has grown to approximately 110 clients within 14 to 18 months of operation, surpassing its initial goal of reaching 100 clients.
- Our primary client base includes residential customers and small businesses, with a strong focus on underserved communities such as Kwakwani Park, Guyana.
- We don't manufacture our equipment but source it from our supplier, the Ubiquiti ecosystem.
- Our revenue model is primarily subscription-based, with clients paying a monthly service fee (e. g. , GYD 12,000 for a 10Mbps broadband connection).
- We also charge a one-time installation fee (e. g. , GYD 40,000).
- During key promotional events, such as our anniversary, we offer discounted installation and first-month services to attract new clients.
- In addition to individual subscriptions, we have secured one government contract with the Board of Industrial Training (BIT), providing steady revenue over a one-year term.
- Our promoter brings deep industry knowledge in internet services and oversees client management, technical setups, and growth strategies.
- We are exploring strategic business relationships to support growth. The company has been approached by a satellite provider for potential collaboration, reflecting strong market interest.
- While we have not yet received formal awards, our steady growth and strong presence in underserved markets have earned us recognition within the local community.
- We currently hold business registration and GRA compliance, while our NIS compliance is in place but due for renewal.
- Our primary client base includes residential customers and small businesses, with a strong focus on underserved communities such as Kwakwani Park, Guyana.
- We don't manufacture our equipment but source it from our supplier, the Ubiquiti ecosystem.
- Our revenue model is primarily subscription-based, with clients paying a monthly service fee (e. g. , GYD 12,000 for a 10Mbps broadband connection).
- We also charge a one-time installation fee (e. g. , GYD 40,000).
- During key promotional events, such as our anniversary, we offer discounted installation and first-month services to attract new clients.
- In addition to individual subscriptions, we have secured one government contract with the Board of Industrial Training (BIT), providing steady revenue over a one-year term.
- Our promoter brings deep industry knowledge in internet services and oversees client management, technical setups, and growth strategies.
- We are exploring strategic business relationships to support growth. The company has been approached by a satellite provider for potential collaboration, reflecting strong market interest.
- While we have not yet received formal awards, our steady growth and strong presence in underserved markets have earned us recognition within the local community.
- We currently hold business registration and GRA compliance, while our NIS compliance is in place but due for renewal.
Products & Services Overview
Our top-selling product is our broadband internet service, which provides reliable connectivity to both residential and business clients. We offer internet installation services that include setting up equipment for new users. New sign-ups and customers switching to our service can enjoy discounted promotions on installation and the first month. What sets our internet service apart is our competitive pricing, focus on underserved areas with less competition, and special discounts during key periods such as our anniversary event.
Assets Overview
Tangible assets:- Networking equipment: Routers, switches, antennas, cables, and other hardware used for providing internet services.
- Office furniture: Desks, chairs, filing cabinets, and other furniture used in the office stall.
- Computers and electronics: Computers, printers, and other electronic devices used for operations and customer service.
- Inventory: Spare parts and backup equipment stored for maintenance and emergency use.
Intangible assets:
- Brand name: The business’s brand identity, reputation, and customer recognition.
- Customer relationships: Ongoing relationships with clients, including the government contract with the Board of Industrial Training (BIT)
- Business contracts: Existing service agreements with residential, business, and institutional clients.
- Promotional materials: Marketing and branding materials that support the company’s public image.
- Proprietary systems and software: Custom systems and software developed for managing operations and customer interactions.
Facilities Overview
The company operates from a rented 121 sq ft stall located in the Kwakwani Market. It serves as both an office and storage space for equipment, with a monthly rent of GYD 4,000 under an agreement with market management. While the single-floor setup is sufficient for current operations, future expansion may require a larger, more permanent location.
Capitalization Overview
The business is solely owned by one individual, with 100% ownership held by the founder and promoter. There are no outstanding loans or debts. All operations, including expansion, have been managed using the owner’s personal funds and the company’s generated revenue. This debt-free position allows the business to maintain full control over its operations and growth without external financial obligations.
Recent Activity
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Earlier than 15 daysManaging Director, Digital Marketing Services, Cali, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Biotechnology, Binghamton, Corporate Investor / Buyer connected with the Business
Tags:
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·Lend to Internet Service Provider
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·ISP Seeking Loan
·Lend to ISP
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