Newly Established Food Wholesale Business Seeking Loan in Tabubil, Papua New Guinea
IPA-registered trading business seeking funding to launch bulk food and hardware supplies for local SMEs.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Food Wholesale |
| Locations | Tabubil |
| Local Time | 3:19 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11 thousand
for
7.5%
annual interest,
10
years
(Native Currency: PGK 50,000)
Reason: We are seeking funds to purchase stock and construct a warehouse for safekeeping.
Operations are sc...
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Collateral Available: USD 11 thousand
Includes physical assets worth
USD
11 thousand
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Business Name
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Documents
Business Overview
- Non-operational trading business seeking funding to commence operations in the bulk goods and hardware supply segment.
- The business will supply food products including rice, noodles, and packaged foods, along with hardware tools.
- Products will be procured from suppliers in the nearest town and sold in bulk to local SME retailers.
- The business model is focused on serving local SME owners with reliable access to essential food and hardware products.
- The promoter has family experience in trading, with their parents having operated a trade store since the promoter was young.
- The business intends to create additional local employment opportunities through on-the-job training (OJT) and recruitment for people in the local community.
- The company is IPA registered, providing an established corporate structure for commencing commercial operations.
- Funding will be used to initiate operations, establish inventory, develop supplier relationships, and build the local SME customer base.
- The business has potential to expand its product range and customer network as operations scale.
- The business will supply food products including rice, noodles, and packaged foods, along with hardware tools.
- Products will be procured from suppliers in the nearest town and sold in bulk to local SME retailers.
- The business model is focused on serving local SME owners with reliable access to essential food and hardware products.
- The promoter has family experience in trading, with their parents having operated a trade store since the promoter was young.
- The business intends to create additional local employment opportunities through on-the-job training (OJT) and recruitment for people in the local community.
- The company is IPA registered, providing an established corporate structure for commencing commercial operations.
- Funding will be used to initiate operations, establish inventory, develop supplier relationships, and build the local SME customer base.
- The business has potential to expand its product range and customer network as operations scale.
Products & Services Overview
Bulk supply of rice, noodles, packaged food, and hardware tools to local SME retailers and business owners.
Assets Overview
- Tangible assets include the owned land.
Facilities Overview
Owned land measuring 400 sq m, earmarked for warehouse and office construction.
Capitalization Overview
The business will operate through family contributions, with no additional external loans. It is registered as a sole‑trader entity, ensuring straightforward ownership and accountability.
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