Fitness equipment production

Carlos R.

Thirty-year-old Carlos is a qualified electrical engineer and has gained professional experience in IT and sales. His stepfather founded his own company in 2006, which manufactures fitness equipment. During the pandemic, people in Nicaragua also worked from home more often and generally spent more time at home. The demand for fitness equipment for use at home increased and so Carlos began supporting his stepfather in the business. Carlos was already introducing the use of new communication channels, which helped them to achieve additional growth.

Project ID

388

Country / City

Nicaragua / Managua

Jobs at the start

2

additional potential jobs

3

entrepreneur sponsorship

Training and coaching CHF 250 per month for two years

Project description

Carlos has now mastered the craft in the workshop and has also started to improve the administrative work. His stepfather wants to retire from the business and wants to hand over the company to Carlos. As a result, Carlos realized that he needed help to develop the business and found his way to BPN.

During the first seminars, he realized that he lacked basic financial figures. He tackled the important but arduous challenge and began to gather the necessary figures. Before Carlos joined BPN, he thought that a business was all about sales. While creating the business plan, he realized that there were many other areas he needed to tackle. The product quality of Carlo's company is very good and the fitness equipment is even cheaper than foreign products on the market. This has now also aroused the interest of fitness studios in his equipment. Thanks in part to Carlos' intensive sales efforts, demand has already increased considerably and additional staff have been recruited. In future, Carlos would like to move the workshop from his home to an external location and also set up a showroom for the finished products there.

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Caroline Flück

Philanthropy Manager
+41 31 305 25 26
caroline.flueck@bpn.ch