Trust Angels Ventures (TRAVEN) is a Christian Investment company intended to be established in Liberia and its environs. We aim at creating wealth and building a solid future for vulnerable people in poor families through the provision of business seed funding, business training and Skills acquisition, and managerial services. The company is structured by a unique business model which combines employment, equity financing and network marketing (EEN).
In the next 5 years, We intend to empower petty traders ranging from 50 to 250 in 5 identical zones prioritizing Christians, to eventually create jobs for additional individuals ranging from 150 to 750; We aim at empowering these people by training them in Business Development Skills, afterward giving startup fund, coaching them to run the business efficiently while we control everything in the process.
Notable Achievements
This business idea was envisioned by the founder in September 2022, and tested in two months (January & February 2023). The impact it brought to 3 tested traders, their messages of appreciation and responses from few people of the unemployed class are the exciting factors leading us to establish of the company.
Pitch Video
The Business
While banks and other investment companies provide loan and investment capital for business owners, those business owners often obtain the funds only, and they are left alone with the responsibility to acquire trainings to effectively manage their businesses. Besides, as part of the banks’ loan and investment requirements, high rates of loan interest and return on investment (ROI), and collateral are imposed to business owners which remain mandatory to agree upon before loan or investment amount is disbursed to them.
Trust Angels intend to empower petty traders through our EEN plan, to eventually create jobs for additional individuals ranging from 150 to 750; to our competitive advantage, We aim at empowering these people by training them in Business Development Skills, afterward giving them a startup fund, coaching them to run the business efficiently while controlling everything in the process until they become medium size businesses.
The Market
Our target customers are people from poor families, especially Christians with special talents and business mindset. A lot of people in Liberia and other poor African countries have unique business ideas but they are limited by lack of business skills training and startup funds and they do not qualify for bank loan and investments. We intend to trace out these people and work with them in making sure we establish rewarding sources of income and build a solid future for both parties.
Objective/Future (Use of funds)
Funds raised will cover seed investment amount for 50 Petty Traders and to cover operations Costs.
Funds raised will cover seed investment amount for 50 Petty Traders and to cover operations Costs.
The Team
Nema Sagno - Founder/CEO
Proven Education & Experience in Business consultancy, Accounting, ICT, Insurance and Network Marketing.
General Manager - General Manager
To add
HR Manager - HR Manager
To add
Accountant - Accountant
To add
Office Manager - Office Manager
To add
Exit Strategy
All investment agreements will include statements on risks, national and natural events that may occur affecting sales. Our obligation to investors will remain our focus, we will ensure we work according to investment agreements whereby each party is satisfied and can exit when so desires.