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Looking for Angel Investor for startup capital
Posted by: Arnold Tevera Mawere on 7/26/2010 10:54:17 AM
Funding Needed:
$100k - $250k 		Category:
Travel / Transportation 		Website :
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Location :
Molepolole, Botswana 		Viewed : 235 times
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Description:
Mawere Holdings (Pty) Ltd is my company registered in Botswana. We would like to venture into tipper trucking. We have an agreement with a quarry mine to carry their produce provided we purchase 2 tipper trucks 40 cubic. The business is profitable. There are great opportunities in Botswana and also in SADC countries. We have business plans drawn up including financial forecasts for 5 years. We believe if we get an Angel Investor in 5 years we should be able to move on without help. We are able to provide working capital costs. We are looking for an Angel Investor to help us purchase the 2 tipper trucks. A good used tipper truck 40 cubic imported from South Africa would cost USD 100 000. We are looking for an investment of USD 200 000. We believe the investor will be able to reap a substantial profit within 5 years.

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