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Training Institute Seeking Loan in Namatanai, Papua New Guinea

Essential skills training institute that's conducted 16 training programs and trained 500 rural people.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5 - 6 thousand
Run Rate Sales USD 5.8 thousand
EBITDA Margin 10 - 20 %
Industries Training Institutes
Locations  Namatanai
Local Time 7:47 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.4 thousand for 20.0% annual interest, 5 years (Native Currency: PGK 10,000)
Reason: We seek a loan to build a training center and improve demonstration equipment. We can offer the busi... View More
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 1.2 thousand
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Business Overview
- Provide training programs that impart essential and basic life skills to our customers. At the end of the program, our customers can perform a variety of tasks that can enhance and sustain their livelihood.
- Offer 6 different skills training programs currently and are developing a new program.
- Have facilitated over 16 training programs in 3 provinces within Papua New Guinea and have successfully trained over 500 rural people.
- Have hired 5 trainers currently.
- Business has collaborated with rural communities, service providers, educational institutions and the local government to deliver these training programs.
- Over 7 potential clients have expressed interest towards our training programs.
- Plan to develop a training center to provide our services post funding.
Products & Services Overview
We offer 6 different skills training programs currently. They include: coconut downstream processing and other homemade products, backyard vegetable production, field marking & lining (major cash crops), small scale livestock farming, basic tailoring, and baking. We are developing a basic maintenance & servicing of small marine engines (outboard motors) training program currently.
Assets Overview
Business owns multiple training and nursery building equipment for demonstrations.
Facilities Overview
Work from home. Training is offered at the client's choice of location.
Capitalization Overview
Not Disclosed
Recent Activity
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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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