This is supposed to be a 10 room self contain hostel something similar to the image above but with a better architectural and engineering.. It is to be located in Kwara state north Eastern Nigeria. Each will have a kitchen and a bathroom with fitted wardrobe and ceiling fans.
Current Status
The said project is still in the idea phase
Market
Tertiary institutions accommodation.
Problem or Opportunity
Availability of funds and acquisition of land.
Competitors
None necessarily due to the high demand for accommodation within the area. The demand is more than available accommodation.
Advantages or differentiators
Standardized building materials and structure of the project.
Finance
None within my disposal due to the laid down requirements by banks.
Loan terms
60 months
Interest rate, %
3
Type of pledge
Real estate
Pledge and assets
None within my disposal resulting in the acquisition of the loan.
Solution (product or service)
Request for loan for the implementation of the project.
