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 | 10:54 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
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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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