Vegetable Farm Seeking Loan in Makassar, Indonesia
Hydroponic lettuce supplier in Makassar serving restaurants, seeking funding to scale for Indonesia’s MBG program.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 5.8 thousand |
| Run Rate Sales | USD 7 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Vegetable Farms |
| Locations | Makassar |
| Local Time | 7:06 PM Asia / Pontianak |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
98 thousand
for
8.0%
annual interest,
5
years
(Native Currency: IDR 1,695,500,000)
Reason: We are seeking funding to expand production capacity and meet growing demand driven by Indonesia’s M...
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Collateral Available: USD 0
Includes physical assets worth
USD
116 thousand
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Business Name
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Business Overview
- Located in Makassar, our business specializes in modern agriculture, specifically hydroponic lettuce cultivation.
- We have been growing and supplying fresh lettuce for over 4 years, building a strong reputation in the local market.
- Our products serve a range of regular customers, including Korean food restaurants, frozen food businesses, as well as kebab and burger outlets, with around 10 kitchens relying on us for consistent supply.
- We have established a loyal customer base that values our crisp, high-quality produce, ensuring repeat orders and stable revenue.
- The business is fully licensed with a National Business License (NIB) and is registered under the Department of Food Crops, Horticulture, and Plantations.
- We are currently operating efficiently with a lean team of two permanent staff, the owner and one farm worker, who are required to run the operations.
- The Indonesian government is implementing a nutritious food program (MBG), and we require additional funding to capitalize on this opportunity.
- We have been growing and supplying fresh lettuce for over 4 years, building a strong reputation in the local market.
- Our products serve a range of regular customers, including Korean food restaurants, frozen food businesses, as well as kebab and burger outlets, with around 10 kitchens relying on us for consistent supply.
- We have established a loyal customer base that values our crisp, high-quality produce, ensuring repeat orders and stable revenue.
- The business is fully licensed with a National Business License (NIB) and is registered under the Department of Food Crops, Horticulture, and Plantations.
- We are currently operating efficiently with a lean team of two permanent staff, the owner and one farm worker, who are required to run the operations.
- The Indonesian government is implementing a nutritious food program (MBG), and we require additional funding to capitalize on this opportunity.
Products & Services Overview
Our core product is hydroponic lettuce, which serves as a high-quality raw material for a range of food businesses, including Korean restaurants, kebab and burger outlets, and frozen food producers.
Assets Overview
Physical assets include own land valued at ~ IDR 1.5 billion, along with farm setup and associated equipment valued at ~ IDR 500 million.The assets value exceeds the loan amount being sought but these assets are essential for business operations and cannot be liquidated.
Facilities Overview
Operating from own land and farm of 2 hectares with two 200m² greenhouses. Located in Makassar.
Capitalization Overview
Sole owner.Having on outstanding bank loan of IDR 70 million.
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