CROWDESTOR would like to announce 3rd fundraising round of Delivery of Medical examination gloves Project.
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 production with MAZA gloves and other world-leading medical product producers. TM Education and Trading Ou is the Borrower and the project owner and stockholder in this transaction. Diaflux GmbH, with their government and corporate buyers, will be one of the buyers from TM Education and Trading Ou.
The funds raised will be used by TM Education and Trading OU to purchase medical examination gloves from MAZA, a Vietnamese manufacturer of medical goods, and sell them to German and Romanian medical clinics, hospitals, and other EU governmental institutions. The current fundraising round will allow one delivery of around 100 000 boxes of medical gloves.
The disposable medical gloves industry is touching new heights due to high demand during COVID-19. Increasing safety concerns, an increasing number of end-users, and increasing occurrences of disease outbursts have raised the demand for medical gloves tremendously and have presented an opportunity for companies in the disposable medical gloves market.
DiaFlux 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.
DiaFlux GmbH has won and, together with TM Education and Trading Ou, successfully executed a government tender to deliver medical ventilators in Romania. The project was funded by raising a total of EUR 1 600 000 on the CROWDESTOR platform. The Loan has been fully paid back as of today.
Both companies would like to thank investors for the trust placed in them, and they are very pleased to contribute to the progress in medical care.
|Minimum target:||EUR 250 000.00|
|Maximum target:||EUR 800 000.00|
|Loan period:||3 months|
|Interest rate:||32% p.a.|
|CROWDESTOR Provision fund:||Yes|
Interest payments are paid in a bullet payment and the Loan principal payment at the end of the Loan term. Interest payments are calculated starting from 14.01.2021.
|Security:||A personal guarantee from the company's shareholder, pledge on the stock.|
|Location:||Germany and Latvia|
The interest will be calculated starting from 14.01.2021.
Due to COVID-19, the prices for Personal protective equipment (PPE) have inflated roughly 5-7 times compared to previous years, which means that the regular local suppliers cannot satisfy the demand without external investments.
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.
Buyers from different segments are already lined up, including government entities and German pharmacy chains. Like the first shipment, Borrower plans to bring in the first 100 000 boxes of 100 gloves in each to Europe; however, clients currently require up to 1 million boxes.
The current fundraising round will allow one delivery of around 100 000 boxes of medical gloves. If the round is funded successfully, other fundraising rounds will follow. Currently, the total demand from clients is around 1 million boxes with a deal value of around 8 million EUR.
Due to fast delivery, Borrower and DiaFlux have 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.
DiaFlux GmbH is an innovative company located in the heart of Europe, the pharmaceutical metropolis of Leverkusen, ideally located between the exhibition cities Düsseldorf and Cologne. DiaFlux GmbH collaboration with strong visionary partners gives DiaFlux a tremendous advantage.
The company has the right mix of innovative products, technical expertise, and individualized services, combined with the highest flexibility and optimal service, to ensure that customers benefit from significant value chain improvements.
DiaFlux GmbH has won and successfully executed a government tender for the delivery of medical ventilators in Romania. The project was funded by raising a total of EUR 1 600 000 on the CROWDESTOR platform. The Loan has been fully paid back as of today.
The company would like to thank investors for the trust placed in it, and they are very pleased to contribute to the progress in medical care.
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 then 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.
MAZA is 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 gloves factory is located in Dong Nai, Vietnam, and has more than 1 000 employees. MAZA manufactures and sells three types of medical gloves:
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.
To find out more about MAZA, click HERE
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