Organic Farming Business Seeking Loan in Pasuruan, Indonesia

1. The organic farming business, which is planning on cavendish banana plantation and marketing for the premium market in Indonesia. It is a LLP business with 4 partners.
2. Located in Pasuruan, the business currently has 5 permanent employees with additional labor hired on a freelance basis, and is planning to expand its operations with a focus on planting bananas.
3. The company is Global GAP certified, ensuring that its products meet export qualifications and are of high quality, making them suitable for the world market.
4. The business follows a B2B sales system and is a partner with companies in Indonesia, indicating a commitment to strategic partnerships and collaborations in the local market.
5. While the business has experienced a decline in sales currently we are undergoing crop rotation. It anticipates an annual income of IDR 6-7 billion after the banana plantation is established, demonstrating a clear financial projection for future growth.
6. Absence of genetically modified organisms.
7. We rent the land, rent is paid annually rather than monthly and is renewed every 5 years. Currently, the annual rent is IDR 7,000,000 per hectare.
8. The business ensures the traceability of its products, allowing for the identification of the origin of any complaints and issues, thereby enhancing transparency and accountability in its operations.
9. The business prioritizes the safety and welfare of its employees, ensuring that all workers are provided with adequate protection, fair payment, and adherence to government regulations.