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Vegetable Farm Seeking Loan in Malang, Indonesia

Premium and exotic hydroponic melon company with 4,000 kgs/week capacity seeks loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 58 thousand
EBITDA Margin 20 - 30 %
Industries Vegetable Farms
Locations  Malang
Local Time 2:54 AM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 10.0% annual interest, 3 years (Native Currency: IDR 300,000,000)
Reason: Require working capital. Since a majority of the assets are illiquid, we require external funds.
Collateral Available: USD 15 thousand
Includes physical assets worth USD 51 thousand
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Business Name
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Documents
Company Profile
Location Map
NIB License
NPVVP
Business Overview
- Exotic hydroponic greenhouse serving fruit shops, supermarkets, and traditional markets in East Java, West Java, and Eastern Indonesia.
- The company uses polybags and charcoal husk as planting media for our hydroponic melon plantation.
- We work with 10 distributors in local markets.
- The owner has 7 years of experience in the industry.
- We produce 4,000 kgs of melons per week, amounting to 16,000 kgs per month. Currently utilizing maximum capacity.
- Our licenses include NIB and local permits.
Products & Services Overview
The company is involved in premium and exotic hydroponic melons grown in greenhouses.
We sell through distributors and stores in local markets.
Assets Overview
Warehouse measuring 5,000 sq ft and cars worth IDR 600 million and another small land that belongs to the company, greenhouse with inventory is worth IDR 250 million.
Facilities Overview
The sq ft area of our greenhouse is 5,000.
It is owned by the company and is located in Central Malang.
Capitalization Overview
The business is run by a sole owner with own and family funds.
We are applying for a micro KUR credit loan at a government bank since initial capital is required for building a greenhouse.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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