Newly Established Food Wholesale Company Seeking Loan in Buka Town, Papua New Guinea
Seeking funding to establish a dry cocoa bean trading business in Bougainville, targeting local markets.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Food Wholesale |
| Locations | Buka Town |
| Local Time | 9:09 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
62 thousand
for
6.0%
annual interest,
10
years
(Native Currency: PGK 250,000)
Reason: Seeking funding to procure vehicles and build a warehouse to establish a dry cocoa bean trading busi...
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Collateral Available: USD 0
Includes physical assets worth
USD
31 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Plan
(39.2 KB)
Certificate of Incorporation
(364.7 KB)
Business Overview
- Strategically positioned in Buka Town, a key region for cocoa production in the Autonomous Region of Bougainville (AROB).
- Committed to building a sustainable cocoa bean trading business.
- Initial investment encompasses a truck for transportation, a small warehouse with an office for operational activities, and sufficient working capital to procure dry cocoa beans.
- Each bag of cocoa dry beans has a market price of PGK 1,700; the procurement cost is PGK 1,500, enabling a profit margin of PGK 200 per bag.
- Planning to procure directly from local farmers who specialize in drying cocoa.
- Targeting local retail markets for distribution of the products.
- Committed to building a sustainable cocoa bean trading business.
- Initial investment encompasses a truck for transportation, a small warehouse with an office for operational activities, and sufficient working capital to procure dry cocoa beans.
- Each bag of cocoa dry beans has a market price of PGK 1,700; the procurement cost is PGK 1,500, enabling a profit margin of PGK 200 per bag.
- Planning to procure directly from local farmers who specialize in drying cocoa.
- Targeting local retail markets for distribution of the products.
Products & Services Overview
Procurement, trading, and distribution of dry cocoa beans.Will be distributing to local retail markets.
Assets Overview
Physical assets include the value of the land owned.
Facilities Overview
Own land of 5,000 sqm, located in Buka island, Bougainville.
Capitalization Overview
The land is owned by 8 family members, who are the shareholders.No loans or debts on the land.
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