SUMMARY
CROWDESTOR would like to announce a fundraising round of Delivery of medical syringes and gloves for the European vaccination program.
TM Education and Trading Ou have obtained several COVID-19 related contrasts:
- Lithuanian Government COVID-19 Syringe Supply Contracts and several other contracts with medical equipment resellers and distributors.
- A number of significant contracts of medical glove supplies for medical equipment resellers and distributors in EU.
The funds raised in this campaign will be used to:
- purchase syringes from AMECO - Middle East's oldest and largest disposable syringe, IV set, and hypodermic needle manufacturer, and sell them to the Lithuanian government and to medical equipment resellers and distributors in EU.
- purchase medical examination gloves from MAZA and Hongray and sell them to the medical equipment resellers and distributors and other EU governmental institutions.
LOAN
| Minimum target: |
EUR 200 000.00 |
| Maximum target: |
EUR 800 000.00 |
| Loan period: |
4 months |
| Interest rate: |
36% p.a. |
| CROWDESTOR Provision fund: |
Yes |
| Repayment: |
Interest payments are paid in a bullet payment and the Loan principal payment at the end of the Loan term.
Interest is calculated starting from 01.04.2021 and is paid at the end of the loan term.
|
| Security: |
A personal guarantee from the company's shareholder, pledge on the stock. |
| Location: |
Lithuania, EU |
The interest will be calculated starting from 01.04.2021 and is paid at the end of the loan term.
Bussines Opportunity
Lithuanian Government COVID-19 Syringe Supply Contract
TM Education and Trading Ou has won the Lithuanian Government COVID-19 Syringe Supply Contract.
Lithuanian President Gitanas Nauseda said Lithuania, a Baltic republic of 2.8 million people, will need to vaccinate 10,000 per day by February and up to 35,000 people per day by April to reach the July target. President Gitanas Nauseda: "We received assurances from the European Commission president that Lithuania will be able to vaccinate 70% of the population by early summer because we will receive 4 million vaccines during the first and second quarters".
Number of COVID-19 vaccination doses administered in Europe as of March 11, 2021, by country(per 100 population)
TM Education and Trading Ou has a contract with Arab Medical Equipment Company (AMECO), which is the Middle East's oldest (established in 1984) and largest (an area of 30 thousand square meters in accordance with European standards) disposable syringe, IV set, and hypodermic needle manufacturer.
Due to fast delivery, the Borrower has the best chance to sell directly to the government entities via the tender process at a higher price once the stock is in the EU. The price is one of the criteria, but not the main criteria, in tenders during the current situation. In numerous cases, delivery time prevails over the price.
Medical Gloves Supply Contracts
Currently, the demand for medical gloves is very high, and it has increased the average price. Medical gloves are difficult to produce due to costly machinery, shortage of raw materials, and quality control procedures. It means that the expansion of manufacturing facilities is not possible in a short amount of time. Therefore, importing and reselling medical gloves is the most convenient way to increase supply. There is currently a significant shortage of the supply side of medical gloves and other medical products/equipment.
TM Education and Trading Ou has a contract with
- MAZA - a medical equipment manufacturing company located in Vietnam. It is a customer-centered company and produces the finished product to meet the customers' expectations. MAZA has implemented a customer-oriented approach in product management and research and development (R&D). MAZA focuses on developing technology to enhance quality and cut down the price. MAZA brand development is the knowledge and experience accumulated to enhance product quality, as evidenced by the fact that MAZA has become the supplier of high-quality non-woven fabric for over 300 partners.
- Hongray - one of the leading manufacturers of protective disposable gloves in the world. The company has five major production bases in Shijiazhuang, Jinzhou, Xinji, Zanhuang, Shenze of Hebei Province. Hongray produces various vinyl gloves, nitrile gloves, PE series products with an annual output of 14 billion pieces of gloves. hundred of first-class production lines. Shijiazhuang Hongray Group takes advanced Lean Six Sigma management model of production, and strictly follows the requirements by U.S. FDA QSR and the standard of ISO9001, ISO13485 in management, production process, and quality control, to ensure our products meet or even surpass the ASTM or other countries standards.
TM Education and Trading
TM Education and Trading Ou specialize in educational toys and sensory equipment. The main two market shares are global distributors who resell educational and sensory goods in their regions and parents worldwide. Since our market is very niche, we do not have large competitors, perhaps the largest of all being ROMPA, which has been on the market for almost 30 years.
Due to the pandemic, the main business for TM Education and Trading Ou has been slower than it was expected this year, so TM Education and Trading Ou has been focusing on using their contacts with manufacturers in Asia and other countries to refocus on medical equipment supply and have done the first project successfully with Diaflux for the Romanian government and are planning to do the supply of medical gloves now to Europe and the profits will go towards repaying part of the outstanding campaigns.
Due to fast delivery, the Borrower has the best chance to sell directly to the government entities via the tender process at a higher price once the stock is in the EU. The price is one of the criteria, but not the main criteria, in tenders during the current situation. In numerous cases, delivery time prevails over the price.
TM Education and Trading Ou has the opportunity to sell directly to the government entities via the tender process at higher prices once the stock is in the EU, as the price is one of the criteria, but not the main criteria, in tenders during the current situation. In numerous cases, delivery time prevails over the price.
TM Education and Trading Ou, due to their previous work experience in Asia, previous cooperation with factories in Turkey, China, Vietnam, and other Asian markets, have direct access to the world-leading medical product producers.
