How to secure loan for business and candle production business idea


With erratic power supply in the country, there is no doubt that production of candlestick is a money-spinner. A sizeable group of Nigeria relies solely on candle to battle the erratic power supply.


With N15, 000 you can have a candle mould, which produces 16 candled sticks at a time and go about 50 times a day translating into 800 per day. This is a situation when you are starting with N50, 000-N100,000


To produce the 16 pieces does not take you more than 10 minutes; throw in another wax, which you must have melted. While the previous one congeals and go on and. So instead of starting with N100, 000-N200, 000, you can actually start with N50, 000.


The start up requirement are mold, which cost N15,000, wax N1,000, Thread N1,000, heart source N600,Bowi Packaging Nylons N1,500, Ceiling Machine N2,000 and logistics.


To get a small business loan proposal plus list of investors visiting www. businessandcapital. .com or call 08120210021,




I wish you success in your business.
Victoria Joshua