Baobab Investment Group
15% ROI in 12 Months while recycling a billion+ pounds of secondhand clothing
- Funding Goal$350,000
- Minimum Reservation$5,000
- Open Date05/26/2015
- Closing Date07/31/2015
- Interest (% per year)15.00%
- Term Length (Months)12 months
- 15% Annualized Return
- Direct in-country experience
- Identified key market disrupters to achieve business model
Our company exports and sells high quality secondhand clothing at affordable prices to markets where quality clothes would otherwise be unaffordable.
Baobab Investment Group is a startup global holding company specializing in secondhand clothing. In this $4.3B+ global industry, the company sources high quality products from USA and UK suppliers, and sells them to businesses (resellers, retailers, wholesalers) in Africa.
Our goal is to annually recycle a billion+ tons of secondhand clothing while making a profit.
Our Competitive Advantage
We will disrupt the market and quickly gain market share by:
•Being the first to sort, grade and package products in-country. This industry leading capability will ensure consistent delivery of high quality products while enabling us to maintain an extremely competitive pricing model
•Better aligning product SKUs to match market demand. Our extensive market research has enabled us to create an optimum product offering to meet market needs
•Being the first to provide a sales force with a volume/margin incentive pay structure. This type of compensation structure will allow us to attract and retain top talent
28 tons of secondhand clothing will be sold wholesale in Africa
28 tons of secondhand clothing is ordered from US supplier
14 tons of secondhand clothing is sold wholesale in Africa
14 tons of secondhand clothing is ordered from UK supplier
Retail store opened in Africa (new & secondhand clothing)