Newly Established Stationery Store Seeking Loan in Lae, Papua New Guinea
Newly established Nadzab stationery business providing quality supplies, seeks financial support for growth and expansion.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Stationery Stores |
| Locations | Lae |
| Local Time | 1:13 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
1.13 thousand
for
10.0%
annual interest,
2
years
(Native Currency: PGK 5,000)
Reason: We are a newly established startup business seeking immediate financial support to expand our operat...
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Collateral Available: USD 0
Includes physical assets worth
USD
10 thousand
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Name, Phone, Email
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Business Name
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Documents
Company Profile
(10.8 MB)
Certificate of Registration
(244.4 KB)
Certificate of Good Standing - Long Form
(261.0 KB)
Business Overview
- Local stationery business, newly established in Nadzab, Lae, focused on providing essential stationery products and services to our community.
- The business started less than three weeks ago and is currently operating from our residential premises.
- Although still in its early stages, we are already attracting 2 to 5 customers per day, primarily individual buyers.
- Our current customer base mainly consists of walk-in individuals purchasing stationery items for personal use and daily needs.
- We are also targeting 20 local schools for bulk stationery orders and supply partnerships as part of our expansion strategy.
- Based on our current traction, we aim to generate an estimated PGK 2,000 per month in revenue.
- We have obtained our Certificate of Registration of Business Name and Certificate of Good Standing, confirming that our business is legally registered and compliant.
- To strengthen our client relationships and expand our reach, we plan to invest in online promotions and marketing activities.
- We are passionate about meeting the stationery needs of our community and are committed to providing quality products and excellent customer service.
- The business started less than three weeks ago and is currently operating from our residential premises.
- Although still in its early stages, we are already attracting 2 to 5 customers per day, primarily individual buyers.
- Our current customer base mainly consists of walk-in individuals purchasing stationery items for personal use and daily needs.
- We are also targeting 20 local schools for bulk stationery orders and supply partnerships as part of our expansion strategy.
- Based on our current traction, we aim to generate an estimated PGK 2,000 per month in revenue.
- We have obtained our Certificate of Registration of Business Name and Certificate of Good Standing, confirming that our business is legally registered and compliant.
- To strengthen our client relationships and expand our reach, we plan to invest in online promotions and marketing activities.
- We are passionate about meeting the stationery needs of our community and are committed to providing quality products and excellent customer service.
Products & Services Overview
- Our products and services include stationery items, school supplies, printing services, and computer-related products.- Primarily used by students, parents, teachers, schools, office workers, and members of the local community for educational, administrative, business, and personal purposes.
Assets Overview
Physical assets include the initial business setup, such as computers, furniture, a generator, a printer machine, and inventory stock.The value of these physical assets exceed the loan amount being sought, however, these assets are essential for business operations and cannot be liquidated.
Intangible assets include the business name, customer relationships, and business registration certificates.
Facilities Overview
This is a new business established within our residential premises, located in Nadzab, Lae.
Capitalization Overview
There is no formal funding; we funded the business ourselves out of pocket. There are no bank loans or financial support from the government. The business has four partners.
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