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Newly Established Home Healthcare Business Seeking Loan in Port Moresby, Papua New Guinea

Mobile PHC service in Port Moresby providing home-based medical care for 100+ clients, seeks funding.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 57 thousand
EBITDA Margin 30 %
Industries Home Healthcare
Locations  Port Moresby
Local Time 12:13 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16.7 thousand for 6.0% annual interest, 3 years (Native Currency: PGK 70,000)
Reason: We aim to expand our medical services to additional locations across Papua New Guinea. The sought l... View More
Collateral Available: USD 0
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Primary Health Care (PHC) operator in Port Moresby, providing on-demand healthcare services right at the client's doorstep.
- The business functions as a 'clinic on wheels, ' extending medical care to disadvantaged populations with limited access to traditional healthcare facilities.
- Services focus on providing nursing care for bedridden and terminally ill patients, ensuring a continuum of care right in the comfort of their homes.
- The business model bridges the gap between patients and static health facilities, offering a crucial healthcare alternative in remote and underserved areas.
- Clients are primarily accessed via phone calls, with approximately 100 clients who are charged PGK 200 upfront; additional charges apply based on the services and medicines required.
- While there is one permanent employee managing operations, the business also employs three temporary caregivers and logistical staff as needed to maintain service efficiency.
- The service is registered with the PNGIPA and holds a certificate of good standing, ensuring compliance with local medical regulations.
Products & Services Overview
The business offers mobile primary healthcare services in Port Moresby, delivering essential medical care directly to clients’ homes, particularly those who are bedridden, terminally ill, or living in underserved areas with limited access to traditional facilities. Core services include nursing care, wound management, vaccinations, medication administration, and injections, all tailored to support patients in need of continuous, in-home care. Clients primarily reach us via phone calls.
Assets Overview
Physical assets include minor medical testing and treatment equipment, medicines, furniture and a vehicle.
Facilities Overview
Operating from a rented facility on Morea Road, Port Moresby, at PGK 2,000 per month. The space is adequately ventilated, includes proper storage for medical supplies, and comfortably accommodates walk-in clients.
Capitalization Overview
Self-funded.
No outstanding loans.
Sole proprietorship 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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