5.9 / 10
 Lautoka

Handicrafts business providing wide range of products based in Fiji seeking for loan.

Key Business Facts
Yearly Sales USD 27 thousand
EBIDTA Margin 0 - 10 %
Industries Art Galleries
Locations  Lautoka
Business Overview
- Handicrafts business located in Natabua Complex, Lautoka, Fiji.
- We receive 5- 10 customers per day.
- The average order value is FED 100.
- Our customers are basically from local area.
- There are 2 owners and the business is debt free.
Products & Services Overview
Our products and services include:
- Garlands.
- Mats.
- Tapa cloth.
- Coffin box.
- Decoration.
- The products are widely used for birthdays, graduations, weddings and funerals.
Capitalization Overview
- There are 2 owners in the business. - There are no loans or debts in the business and is self funded.
Assets Overview
The assets includes all the tools and equipment required for making products.
Seeking Loan
USD 30 thousand for 1.0% annual interest, 2 years (Native Currency: FJD 70,000)
Reason: The loan is required to open a shop for the handicrafts business.
Collateral Available: USD 13 thousand
Includes physical assets worth USD 1.3 thousand

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