Tanzanian Heritage Objects (Example version) 0

 

Legal status: Sole Proprietorship
Number of Staff: 5
Entrepreneurs: Mrs. Habari
Core Business: Procurement and sales of handicrafts products
Address: Handicrafts building, adjacent to Exim Bank.
P.O. Box 12345  Dar es Salaam
Telephone Fax:
email:
web site: BDGbusinessclubs.bdgtpsf.com/tanzanianheritage
 

Tanzanian Heritage objects, crafted in the rural areas with love, care and endless patience

The trade is on!

Reception and entree of the Tanzanian Heritage showroom

Precious bangles, necklaces and earrings designed according thousands years of Tanzanian traditions.

History

History of Business:
The owner and Managing Director of Tanzanian Heritage, Mrs. Habari is a B/COM graduate in management studies and hold a partial Certified Public Accountant (CPA). She worked in the Public Investment and External Finance Office as an advisor in accounting matters.

This company emerged from the idea to add more value to rural produced handicraft products trough quality improvement, timely delivery and setting up logistics for international markets.

By the start of 2009 the entrepreneur decided to utilize her professional experience to concretize her ideas and prepared her Tanzanian Heritage business plan with the BDG program. Since October 2009 she fulfills her long time vision of starting a business for herself.

Special features of Tanzanian Heritage

The strength of this company is adding value on existing and newly developed handicraft objects which are produced in the rural areas of Tanzania.
In order to ensure a steady supply of quality products the formation of handicraft associations is prerequisite. It belongs to the tasks of Tanzanian Heritage to form these associations and ensure product quality and timely delivery through these self created organizations.
Due to the fact that the Tanzania Heritage works with organized suppliers it is in the exclusive position to deliver not only to the local, but also to penetrate international markets.
Because the main consumer markets for these type of products are in the western world, product design and quality control is of the highest importance for the success of the company. Specialists in this field are part of the company’s staff.
Marketing of the products abroad is ensured by the entrepreneur herself, making use of her numerous international contacts and BDG Business Club website

BDG inputs

Though the entrepreneur had for years a good business idea, she had no clue how to develop a bankable business plan. For her the BDG program started just at time because by following the Business Plan Competition she ended by the ten top winners of BPC Cycle 1.

With her excellent business plan and grant funds as equity she gained the right basis to approach BDG Partner bank NMB. She obtained a loan in September 2009 of 30 M Tshs for a period of 2 years and invested the majority in the purchase of stock in the regions, the perfect decorated showroom and display appliances.

Enterprise Achievements

Tanzanian Heritage duly registered as a sole proprietorship company.

The company situated in an excellent sales environment in the heart of Dar es Salaam commercial centre.

Refurbishment of an existing shop results in an attractive office, showroom and sales outlet.

Local clients were welcomed soon after the inauguration of the showroom and international clients portfolio abroad is growing.

Formation of handicraft associations by the owner resulted in a series of quality objects which are on display in the showroom and available in stock. Special items can be ordered on command.

Links with other organizations /companies

Continuous contact with the handicraft organizations in the rural areas which the owner herself facilitates to organize.

Local trading contacts are being established through Tanzanian tourist agencies. International contacts are made through the BDG Business Club website, TCCIA and friends of Tanzanian Heritage abroad.

The entrepreneur is founding member of the BDG Business Club and member of TCCIA.

BDG Business Clubs is an initiative of the Business Development Gateway
and the The Tanzanian Private Sector Foundation (TPSF).