Stephen Brown Kintungi
Dar es salaam (KEN)
Role(s):
Founder/Owner/Principal
SBK Gold Broker
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Startup
Location:
Dar es salaam
Industry:
Investing
Year Founded:
2020
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Sole Proprietorship
Description:
Greetings,
I am stephen brown, living in Tanzania.
I am looking for an angel investor or partner to contribute capital to my business. I want to start gold broker business here inTanzania.
The capital required minimum is $2000 and maximumu is $ 10,000.
With this capital togather we can invest in gold business as brokers, the aim is to buy gold from small scale miners and sell to the super dealers in markets. Markets are situated by the government in mining areas and we have more than 50 markets.
The price of 1 gm gold is $40 from a small scale miner and it is sold at $70 to $120 to the super dealer in markets.
With minimum capital of $2000 we can buy at least 50 gm of gold at a price of $40.
If sold at a price of $70 we can make $3,500 for which the profit will be $ 1,500. And this profit can be made in every 1 to 3 days.
Thank you.