Sources of funds that we use in funding debtors (borrowers).
This company is a sub-section of an investment company based in Africa as it deals mainly on importation of generators and exportation of cocoa, coffee and sugar. Considering the high profit that is been generated by the investment company, we decided to also create this company (RareHeights Financials) to help utilize the profit that is been generated from the parent company (source) effectively hence lending was added to the company's objective.
Investment options or varieties:
Generators
We import different types of sound proof generators into developing countries like Tanzania, Central African Republic, Malawi, Burundi & Indonesia for the purpose of uninterrupted power SUPPLY. Most homes in Africa and also organizations are increasingly relying on Petrol & power generators for electricity SUPPLY.
Due to lack of firm power grid infrastructure, rural electrification has become a MOJOR challenge for Africa and some part of Asia. A report by the Centre for Global development: “At present almost 75% of the Tanzania population has no ACCESS to grid connected electricity. In the year 2015, power SUPPLY in a country like Nigeria was average 3.1 GW, whereas the country’s demand was more than three times the SUPPLY. Steady power supply is really a great problem in the entire Africa. A Large & International vendor like RareHeights is using this advantage to dominate the residential generator SEGMENT.
Some types of generator we import to some countries on annual basis.
Industrial Generators
Residential Generators
Agric/Agro Products:
We also export agricultural products like Cocoa e.t.c.
We export cocoa to Switzerland from Ivory Coast and Cameroon simply because at RareHeights we know the ADVANTAGES of cocoa farming Value Chain. We also export sugar from Africa to countries like Cuba, Brazil & Argentina. We don’t swindle clients to fund other clients rather we believe in our multiple streams of income in Africa to finance our funding company (RareHeights Financials) here in the United Kingdom. Scam is an ugly trend despite the fact that we know that this ugly trend can be attributed to many factors. These major factors include joblessness & greed.