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Briquettesproduction company

Briquettesproduction company

Deal Details

coins Directors/Owners

coins Type of investment
Debt Financing

coins Amount To Raise
UGX 200,000,000

coins Average monthly revenue(Turnover)

category Sectors
Green energy and environmental conservation

calendar Posted on
22nd November 2021

clock Deal Due Date

proposals Product/services

proposals Stage of growth
Expansion: Company is profitable and needs to scale up to further increase market share

category Business Particulars
Active business bank account
Business plan

category Funds Needed For
Working capital/stock/inventory

Deal Descrption

Briquettesproduction company was officially registered in December 2014 and stated operations in June 2019 it produces and distributes environmentally friendly briquettes, made from recycled bio material.The company has a monthly turnover of 30million($8450) with over 70% gross margin. The company seeks to raise 200millions ugx($57,000) for 40% equity in the business. This will enable the company to invest in increasing its production capacity, marketing and distribution. It expects to triple its sales revenue by end of 2024.
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