Coffee and Tea Business Seeking Loan in Lae, Papua New Guinea
Cooperative society exporting fair trade certified coffee to foreign markets.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Other |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 111 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Coffee and Tea |
| Locations | Lae |
| Local Time | 3:27 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
48 thousand
for
25.0%
annual interest,
5
years
(Native Currency: PGK 200,000)
Reason: We are seeking a loan to help to fund logistics, freight, and purchasing coffee parchment.
Collateral Available: USD 9.6 thousand
Includes physical assets worth
USD
193 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Company Profile
(95.5 KB)
Common Seal
(370.7 KB)
Business Overview
- The cooperative society works with 1185 farmers, emphasizing ethical and fair trade practices in the production and sale of coffee and cocoa beans.
- It is a 100% locally Morobean coffee growers-owned society.
- The business primarily focuses on selling coffee parchment and cocoa beans.
- The company has secured a niche in the market by exporting 10 to 20 containers of Fair Trade Certified coffee to Germany, Australia, and the UK under a Niugini Coffee, Tea & Spices Exporter License.
- The annual revenue generated by the business is PGK 800k, showcasing a steady financial performance.
- The business has a unique position in the market, with a focus on ethical and fair trade principles, and has the potential for further growth and expansion.
- We have all the necessary licenses and fair trade certifications to run including the coffee mill processing license and exporter license.
- It is a 100% locally Morobean coffee growers-owned society.
- The business primarily focuses on selling coffee parchment and cocoa beans.
- The company has secured a niche in the market by exporting 10 to 20 containers of Fair Trade Certified coffee to Germany, Australia, and the UK under a Niugini Coffee, Tea & Spices Exporter License.
- The annual revenue generated by the business is PGK 800k, showcasing a steady financial performance.
- The business has a unique position in the market, with a focus on ethical and fair trade principles, and has the potential for further growth and expansion.
- We have all the necessary licenses and fair trade certifications to run including the coffee mill processing license and exporter license.
Products & Services Overview
The cooperative is into selling coffee parchment and cocoa beans.With the pooled funds, we provide services like:
1. Paying school fees.
2. Housing scheme.
3. Foundation covers gender, environment, and other social services.
Assets Overview
Tangible assets include trucks, warehouses, coffee trees, and coffee mill processing machines.
Facilities Overview
The cooperative society is working on building a coffee mill that can help process green beans.
Capitalization Overview
There is no funding from non-government and government organizations.The cooperative Society Ltd does group marketing and later pays the farmers.
Recent Activity
-
Earlier than 15 daysDirector, Brand Certification, Hong Kong, Individual Investor / Buyer connected with the Business
Tags:
Coffee and Tea Business Seeking Loan in Lae, Papua New Guinea
·Lend to Coffee and Tea Business in Lae, Papua New Guinea
·Coffee Business Seeking Loan in Lae, Papua New Guinea
·Lend to Coffee Business in Lae, Papua New Guinea
·Coffee and Tea Business Seeking Loan
·Lend to Coffee and Tea Business
·Coffee Business Seeking Loan
·Lend to Coffee Business
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!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,000+ other businesses of all sizes.
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