Nyanga, Eastern Highlands, Zimbabwe
A company in Zimbabwe is looking for a debt facility of between US$300,000 and US$500,000 to complete the setting up of a glamping resort and conference facilities in Nyanga, Eastern Highlands, Zimbabwe. The total value of the project is around US$1.4 million, and the shareholders have already injected approximately US$900,000 of their personal resources into the project, which is about 70% complete. Funding will go towards purchase of accommodation and conference facilities geodesic domes, and completion of construction work on the kitchen, gazebo,
The project involves setting up of 30 geodesic domes for accommodation and conference facility. seven domes have already been secured and set up. It is targeted at the high-income end of the leisure market. The promoters have so far secured pre-bookings that are adequate to give them reasonable occupancy levels in the first 3 – 6 months of launching.
It will take about 4 months to commence operation from date of disbursement of funds as most of the required infrastructure is already in place. For interested investors, the information memorandum and financial models are available to assist in assessing the feasibility of the project.
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