Invites international co-owners

Tent International is searching for investors who wants to bring the Gospel to unreached people groups.

“Invest in unreached workplaces” is the slogan of Tent’s campaign where the company invites new investors to become owners.

– Tent was organized as a limited company from the beginning in 2000. We are now doing a stock issue to finance our growth into new nations, explains Tent International’s director, Steinar Opheim.

The past years new Tent resource centers have been started in India, Brazil, Dominican Republic, Nigeria and Liberia. New branches are currently also being planned for Niger and South Africa with a tentative start-up in 2020. 

– The national offices are planned to be self-sustained through their work within three years. At start-up we thus raise share capital sufficient for those initial three years. Half of the money invested comes from Tent International and the other half from national investors, says Opheim.

Until now Tent has not paid any return on investments.

– Currently the main return is the good news coming from the great work that is being done. Tent can in many ways be regarded as a social enterprise. The main aim of the company is to cause change by training businesspeople, professionals and students to bring the Gospel onwards. This, and not receiving a high return,  should also be the aim of the investors, clarifies Opheim. 

Tent International is officially registered as a limited company in Norway. The shares cost NOK 495 which with today’s exchange rate equals USD 55. Private persons have to buy at least 10 shares, and businesses and organizations at least 20 shares, to become co-owners in Tent. Tent’s finances are audited by PriceaterhouseCoopers.

More information about Tent’s stock issue can be found at www.tentinternational.org/stockissue