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Melana Developments
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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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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
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 investorDescription
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 EquityDescription
The more the merrier
Supplier/Service Provider
Supplier/Service Provider Type
Description
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