Taknuty Investments Funding
Taknuty Investments requires funding for business expansion – stocking and backward integration purposes
I am writing on behalf of Taknuty Investments Pvt Ltd, trading as CELLTEC, to kindly submit a funding request of USD500,000 in support of our furniture retail business expansion.
Since 2019, CELLTEC has been supplying solar systems, ICT equipment, electronics and furniture to Zimbabwe’s growing base of civil servants and low to middle income customers. Our model blends cash sales, lay-bye plans and salary based credit schemes, and we have successfully built a loyal customer base across both urban and rural Matebeleland region.
However, despite market demand and a working model, our growth has been constrained by limited working capital – especially in the furniture segment, which has high turnover potential. We seek your support to expand our furniture stock, marketing efforts, distribution capacity, particularly to underserved areas.
The below proposal outlines our objectives, funding breakdown, repayment plan and anticipated social and economic impact. With your support, we can unlock real growth that uplifts communities, creates jobs, and drives inclusive access to home and office essentials.
Please feel free to contact me directly for further information or to arrange a meeting. We are open to structured loan terms and blended finance models based on your preference.
Although we currently do not possess fixed assets suitable as collateral, we would like to offer the following strong assurances of our repayment ability:
1. Consistent Cash Flow – Our business will maintain suitable income from lay-bye and cash clients
2. Personal Guarantee – the Company director is willing to sign a personal guarantee for the full loan amount.
3. Customer base – we have demonstrated our hunger and desire for new business to guarantee future inflows. We have also registered with PRAZ to increase future inflows.
4. Operational Track record – we have built a solid customer base that can now be easily tapped through the new working capital arrangement.
5. Flexible repayment Structure – we are willing to negotiate a slightly higher interest rate to mitigate against perceived risk.