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Melana Developments
Melana is a South African based company that focusses on developing, and overseeing all related development functions, of neighborhood and convenience retail centers in the LSM 47 market the emerging consumer while also developing local business by supporting the establishment of locally owned franchises within its centers.
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Kaalfontein Crossing
Melana Development is getting ready to start construction on the 10000 square meter Kaalfontein Crossing Shopping centre in November this year.

Posted by Cobus Truter on August 18 2013
Melana
Melana aims at becoming the leading change agent in the African retail market 
by developing pedestrian friendly, convenience centers to act as a 
platform for local economic growth. 

Posted by Cobus Truter on August 18 2013

Cobus Truter
Director 		Cobus cofounded the EmpiriQ Group. His focus area is on the identification and exploration of market driven economic development opportunities. His work led to several Emerging Marketbased projects in the housing, ICT retail sector. EmpiriQ is also a cofounder of Melana Developments, an emerging consumer focused property development company.

Niel Vermaas
Director 		Niel currently cofounded and currently works at EmpiriQ. Some key areas of involvement include financial planning and modelling, project feasibility analysis, international funding compliance, systems analysis, development and implementation, strategic business and strategy development and business process management and optimisation

Werner Kruger
Director 		Werner is a passionate entrepreneur with various interests in property development, community development, integrated project design, architectural design, local economic development and marketing

Funding
Amount (US$)
$2000000.00

Preferred Funding Types
Donation - Free finance (You have to be a non-profit organization
Loan - Fixed repayment schedule with an interest rate
Hybrid Loan - Reduced interest with a % of revenue paid to investor each month for a fixed term
Loan With Equity Option - Fixed payment schedule with an interest rate with the option to buy shares
Equity Investment - % Ownership of your business will be "sold" to the investor

Description
Melana is raising ,, in order to fund the development of a multi use local economic development hub in Kaalfontein Tembisa. Investorst can expect an IRR of around fifteen persent with forty five persent of the income generated going to support various community development initiatives

Skills/Expertise
Skills Required
Social Entrepreneur
Entrepreneurship
Realestate Development

Willing to Consider
Full Time Employment
Contract Work
Consultant
Equity

Description
The more the merrier

Supplier/Service Provider
Supplier/Service Provider Type

Description

Melana
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Melana is a South African based company that focusses on developing, and overseeing all related development functions, of neighborhood and convenience retail centers in the LSM 47 market the emerging consumer while also developing local business by supporting the establishment of locally owned franchises within its centers....
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