Guest Contributor | Sep 20, 2022 | 0
Nictus opens support programme for small furniture manufacturers
Local furniture retailer, Nictus embarked on an empowerment programme that supports small local entrepreneurs with capital to fund their manufacturing operations in addition to their products being sold at Nictus Furnishers’ Windhoek branch.
The programme, which prioritises entrepreneurs creating their products locally, has been introduced to support local manufacturers who often lack the necessary funds to create products on a larger scale and compete with foreign brands.
Nictus’ Chief Executive, Francois Wahl, has described the programme as a collection of efforts that solves many of the hurdles that Namibian entrepreneurs face.
“Now the entrepreneur does not only get their products housed by a recognized brand like Nictus. They are also able to get access to capital that is specific to what their business needs to compete with big names, Wahl added.
One of the first local entrepreneurs to go through the initiative is Petrina Ashipala, the owner of Meme wOmabean Bags, a company that creates a type of furniture known as bean bags.
Ashipala described Nictus’ involvement as a lifeline that every entrepreneur needs especially during this Covid times that has shifted how a lot of people do business. She said the partnership will introduce her products to a wider customer base and in turn increase product output, sales volume and overall business growth.
Nictus is a wholly-owned Namibian furniture retailer. The company’s owner, Nico Tromp succumbed to Covid-19 over the past weekend. Tromp dedicated over 40 years of service to Nictus.