Photo - Obtaining distributorship from Manufacturing company
22499

Obtaining distributorship from Manufacturing company - loan for business

Nigeria
Market: Trade, Transport
Stage of the project: Idea or something is already done

Date of last change: 23.10.2017
Min amount of loan
$  500.000
Estimated yield
8 % a year
0
Total required
$ 2.000.000
Rating
equalizer 320 from 1000
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Idea

We in Nsimonet are taking advantages of the a merging markets in Nigeria of over 186 million populations need for foods to feed the family.

Current Status

We have finished negotiations with the manufacturing companies. There are just waiting for us to disbursed the funds for our supplies.

Market

Retail Stores and supermarkets
E-commerce companies
Cooperatives, Associations and groups with bulk buyers
Individuals
Hotels and restaurants

Problem or Opportunity

Opportunities are:
Wider markets coverage
Foods, toiletries and commodities is used daily by the Africans families.
It's will generate more employment mostly for youths
Key business indices will associate and partner with us.

Competitors

Nasco
MCPL
Kellogs
Fareast
Chi Limited. But our wider coverage and
strategy surpassed every other's competitors.

Advantages or differentiators

We are present at African largest markets opportunities in Nigeria.
We cover all States in Nigeria.
Others African states we are present
Our prices very competitive for consumers.

Finance

Flour Mills products revenue growth for 5 years - 250,000,000,000 dollar

Dangote products revenue growth 5 years - 230,000,000,000 dollar

Yale Foods products revenue growth 5 years - 200,000,000,000 dollar. Etc.

Loan terms

36 months

Interest rate, %

8

Type of pledge

Real estate

Pledge and assets

I pledge for my real estate situate in Akwa Ibom (the crude oil city of Nigeria).

Business model

Products Distribution
Outsource promotions services
Fleet/Logistics services

Solution (product or service)

We decided that even the provider of the loan amounts want a share of the business. After negotiations, shares can also be allotted to them.

Risks

Warehousing
Inventory
Long travel by roads and trains
Money handling.
Bad government infrastructures
Government policy

Incubation/Acceleration programs accomplishment

Not yet

Won the competition and other awards

Not yet
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video