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Newly Established Agriculture Wholesale Business Seeking Loan in Finschhafen, Papua New Guinea

Dried cocoa beans distributor in Finschhafen, seeking investment to start own exports.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 28.7 thousand
Run Rate Sales USD 28.7 thousand
EBITDA Margin 20 %
Industries Agriculture Wholesale
Locations  Finschhafen
Local Time 8:54 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 8.5% annual interest, 15 years (Native Currency: PGK 100,000)
Reason: Seeking funding to establish a dedicated business facility and launch direct export operations.
Collateral Available: USD 0
Includes physical assets worth USD 12 thousand
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Business Name
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Business Overview
- Established cocoa business located in Finschhafen, Papua New Guinea, focused on the purchase and distribution of cocoa beans, ideally positioned in a region thriving with agricultural activity.
- The business sources the beans directly from local farmers, adding value through a natural, energy-efficient drying process.
- Specializes in procuring and dehydration of cocoa wet beans to produce high-quality cocoa dry beans, catering to local exporters with plans for international expansion.
- The business is newly established with a recorded monthly revenue of 10,000 PGK, stemming from limited sales volume—10 units or less—signaling substantial growth potential.
- Seeking investment to expand operations and export capabilities, aiming to penetrate international markets and increase overall production and distribution capacity.
- Holds a legal standing with an IPA registration and certificate, ensuring compliance and credibility in its operations within the industry.
- Potential investment will contribute to creating job opportunities for local youth, enhancing community engagement, and uplifting the agricultural sector in Papua New Guinea.
- Committed to boosting the regional cocoa trade, this business is poised to leverage the high demand for quality cocoa products globally, driving economic growth in Finschhafen.
Products & Services Overview
The business specializes in the procurement and solar dehydration of fresh cocoa wet beans to produce premium-quality cocoa dry beans, primarily serving local cocoa exporters who require consistent, high-grade raw materials for domestic and export markets.
Assets Overview
Physical assets include:
- Two outboard motors (40 HP and 75 HP)
- One solar kit dryer.
Facilities Overview
Operations are based out of a dedicated cocoa dryer house, specifically constructed for the solar drying system, located within the owner’s residential premises in Finschhafen, Morobe.
Capitalization Overview
Operates as a sole proprietorship with no shareholders. Have 1 outstanding loan with Orion Finance.
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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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