Spices Business Seeking Loan in Madang, Papua New Guinea
Recently established vanilla trade company supplying to 2 clients seeks a loan.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 16 thousand |
| EBITDA Margin | 40 % |
| Industries | Spices |
| Locations | Madang |
| Local Time | 9:55 AM Pacific / Port Moresby |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
133 thousand
for
6.0%
annual interest,
4
years
(Native Currency: GBP 100,000)
Reason: 1. Paying the organic certification fee with NASA organic certification organization.
2. Market arr...
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Collateral Available: USD 133 thousand
Includes physical assets worth
USD
8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Registration
(166.2 KB)
Entity Business Extract
(145.2 KB)
Farmer and Seller of Beans
(114.9 KB)
Business Overview
- Unique business opportunity within the spice industry.
- We are newly established and would like to get the vanilla beans organically grown to a market to give our consumers the natural flavor desired.
- We procure vanilla from small-hold farmers.
- Currently supplying to 2 clients who own ice cream factories. We export the products to China and Australia.
- We are newly established and would like to get the vanilla beans organically grown to a market to give our consumers the natural flavor desired.
- We procure vanilla from small-hold farmers.
- Currently supplying to 2 clients who own ice cream factories. We export the products to China and Australia.
Products & Services Overview
The company is into organic certified vanilla export.
Assets Overview
Physical assets include 121 kgs of stock.
Facilities Overview
We do not have an office yet.
Capitalization Overview
- The business is a sole trader business that would be focused on assisting farmers and securing a better market through certification.- Company has no debts.
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