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Bolinga Global Investments Limited



INVEST IN THIS BUSINESS

Target Amount: 64,000

Progress

0 invested so far

0% of target

This pitch has reached its expiry date and is no longer open for investment.
  Category  Retail
  Location  Oahodi, Lagos State, Nigeria
  Last Turnover  201,111
  Target Amount  64,000
  Amount Raised:  0
  Balance  64,000
  Days Left  0
  
About
Bolinga Global Investments Limited, is into the Textile Wears Business, Exports, and General Trading. The business started in July 2014. We are in this business because we have fashionable women as directors in the company that are driving the Company vision.
Product and Services
Our products are many. They include Swiss Voile, Lace, Guinea Brocade, " Senegalese" , Mali Galilan, " Atiku" , Ready-made Galilan, Batik, White Cotton, Polished Lace, and other materials.
Market
We have a standard Shop at our 2B, Araromi Street, in the densely business hub of Oshodi, viz., Araromi-Oshodi. The market for fabrics is very big because there is a large army of sophisticated men and women of high distinction and taste; as well as a thriving export business opportunities in the Republics of Ghana, Burkina Faso, Mali, and the Benin Republic.
Marketing and Publicity
We use internet and social and online publicity. We are on Instagram, Facebook and Whatsapp. We sometimes also use flyers.
Competition
There are competitors in our market location. But our Company, Bolinga Global Investments Limited has competitive edge in our top quality clothing materials, our good will, strong export market, competitive and affordable prices; excellent customer relations; and our acquaintance with varying customer needs.
SWOT Analysis
Strengths include: Having a direct source of fabric all over at a good price for our brand.
Weaknesses When we fall short of a particular moving fabric design either due to cash to source at earlier arrival of goods or high demand but less production due to cash
Opportunity: There is a lot of opportunity is the thriving export business to the Republics of Ghana, Burkina Faso, Mali, and the Benin Republic.
Threats: when we fall short of a moving design & can be gotten else where, we get to lose customers to competitors
Reason For Applying_
We would use the Loan to greatly expand our stocks, materials, rent more Shops, fixed assets, working tools, machineries, employ more skilled marketers and workers, expand our customer-base, increase our exports and export business, and acquire more sophisticated customers and clients.Also bridge the gap of falling short of production to meet up with market demand.
Staff and Management
We have got 4 management staff , 8 labor & 13 auxiliary workers from which we intend staffing fully. Our company is headed by Alhaja Kafayat Bolanle, a graduate of OLABISI ONABANJO UNIVERSITY. Alhaja Bola as she is fondly call, has been industrious right from teen, due to mingling with her grandma in the prominent GBAGI MARKET at IBADAN , moving closer to her mum while she was at the LAGOON market at the popular IDUMOTA market on the Lagos highland before moving down to Oshodi (due to family care & up keep),where she took over.
Notes
Overall, we have a strong market for our thriving Textile Wears and Export Business. This is based on our strategic location (at Oshodi), our Goodwill, strong export market, and extensive customer reach. We have been in profitable operations and business for the past six (6) years. We will keep on increasing the number of competent staff as our Company grows through the use of your Loan Advance to us.

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