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Agriculture Wholesale Business Seeking Loan in Talasea, Papua New Guinea

White copra production and supply business with 27,000 kgs/month capacity, seeking funding for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 58 thousand
EBITDA Margin 20 - 30 %
Industries Agriculture Wholesale
Locations  Talasea
Local Time 8:31 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 290 thousand for 5.0% annual interest, 3 years (Native Currency: PGK 1,200,000)
Reason: Seeking funding to expand production capacity and enter more International markets.
Collateral Available: USD 0
Includes physical assets worth USD 123 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Business specializing in the procurement, processing, and sale of white copra.
- Has a current monthly production capacity of 27,000 kgs (equivalent to a 20ft container).
- Sustainable sourcing is from owned coconut fields with supplementary procurement from local farmers during production declines.
- Clients are four domestic exporters with monthly supply frequency.
- There are over 300 local farmers in West New Britain producing white copra.
- Current facilities primarily consist of permanent copra dryers, offering reliability in processing capabilities.
- Monthly procurement and supply frequency enhances operational efficiency and inventory management.
- Strategic goal is to transition from domestic distribution to international markets, tapping into global demand for white copra.
Products & Services Overview
The core product is white copra.
Used for oil extraction in food and cosmetic industry.
Currently being to supplied to domestic exporters.
Assets Overview
Assets:
- White copra dryers - PGK 300,000.
- Field vehicle PGK 50,000.
- Equipment PGK 50,000.
- Coconut field 1: 1,500 sqft - PGK 20,000.
- Coconut field 2: 5,000 sq ft - PGK 80,000.
- Coconut field 3: 600 sq ft - PGK 10,000.
Facilities Overview
Own 3 coconut fields of 1,500, 5,000 and 600 sq ft area, located in Kimbe, Talasea.
- Facilities include permanent copra dryers, ensuring high-quality processing and operational reliability.
- Access to over 300 farmers producing white copra in West New Britain presents significant growth opportunities for market expansion.
Capitalization Overview
Sole proprietorship business.
Currently the management of the business are utilizing private funds and still lack support from the government.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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