Need help?

Aquaculture Company Seeking Loan in Tailevu, Fiji

Company involved in integrated farming on 100 acres land located near a river, seeks loan.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Aquaculture + 1 more
Locations  Tailevu
Local Time 12:40 AM Pacific / Fiji
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 65 thousand for 10.0% annual interest, 5 years (Native Currency: FJD 150,000)
Reason: To finance our integrated farming projects.
Collateral Available: USD 300 thousand
Includes physical assets worth USD 900 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

We are commercial farming company which was previously funded by Japanese embassy for an aquaculture project. Seeking loan for a new project to setup an integrated farming business on our lease land which is more than 100 acres. The project is focused on cultivating fertile lands by involving in beef farming, root crops and ginger farming. The land is at close proximity to a river which gives us an added advantage. The group intends to market the farm produce through exports and local markets. However, excess produces will be sold on roadside stalls and nearby communities to save in farm time. Land is under an agriculture lease with a total of more than FJD 2 million worth of value. The company was granted the land titles in 2020, hence there is no much operations completed so far.

Products & Services Overview

Farming project includes beef farming, root crops, cassava, cocoa and ginger farming. Aqua culture project which is currently undergoing includes taro for export which we will utilize a market in New Zealand.

Assets Overview

100 acres land which is under lease.

Facilities Overview

We are currently operating from our homes, since we are still looking for an investor to finance our project. The land we own is more than 100 acres and the annual lease amount is FJD 1,200 to use it commercially.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more