Travel Agency Seeking Loan in Kimbe, Papua New Guinea
Non-operational travel agency that provided air ticketing services to local and international travellers.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4.45 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Travel Agencies |
| Locations | Kimbe |
| Local Time | 11:11 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
4.45 thousand
for
8.0%
annual interest,
2
years
(Native Currency: PGK 20,000)
Reason: - Airline float / BSP deposit (PGK 10,000)
- Ticketing system & licensing setup (PGK 5,000)
- Work...
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Collateral Available: USD 0
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Business Certificate
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Business ID
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Business Overview
- The business provided air ticketing services to customers in Port Moresby and surrounding markets.
- Operations ceased following the founder's illness, which has prevented the business from operating for the past two years.
- Revenue was generated through air ticket bookings and related ticketing services.
- The business is registered as a private limited company.
- Operations ceased following the founder's illness, which has prevented the business from operating for the past two years.
- Revenue was generated through air ticket bookings and related ticketing services.
- The business is registered as a private limited company.
Products & Services Overview
The business provided air ticket booking services to Papua New Guinea residents and international travellers. Customers used these services to arrange air travel conveniently and efficiently. The business assisted clients with ticket reservations while focusing on reliability, timely service, and cost savings.
Assets Overview
Intangible Assets: Existing customer base in Port Moresby, repeat-client relationships, air ticketing service experience, and the founder's business management experience.
Facilities Overview
The business currently operates without a dedicated physical office or commercial facility. A suitable facility will be established after securing the required loan.
Capitalization Overview
The business is currently owned by one individual, who holds 100% ownership.
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