Food Processing Businesses Seeking Loan in Papua New Guinea

- Initially we started the business in concrete blocks manufacturing over 20 years ago. We registered the business two years ago and added two more business lines of chicken broiler meat trading and property rental (a portion of our land is on rent). - As a startup business in chicken meat trading, we market and sell what we produce to the local provincial customers who are the end users. - Production capacity is less and we sell the products loose in the market without any branding. Our suppliers are from Lae city. - We have ordered feathers plucking machines, packaging, and labels from China. These equipment are being shipped to us. We plan to organize the business using these equipment and increase our production. - Have high growth rate compared to last year as we have higher orders for concrete blocks business and the addition of new business lines especially property rental has increased our revenues.

- 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.

- Operating a fresh produce and seafood distribution business in Lorengau, Papua New Guinea. - Start-up business with strong relationships established with local farmers, fishermen, businesses, and government organizations. - Focus on promoting organic and fresh distribution services for the community. - Promoters bring 7 years of valuable experience to the venture. - Extensive network of 90 suppliers supporting the business operations. - Diverse client base, including prominent establishments: 1. Harbourside Hotel, Lorengau. 2. Hornibrook NGI, Lombrum Naval Based Redevelopment Project. 3. Lorengau Provincial Hospital. 4. Seeadla Bay Hotel, Lorengau, Manus Province. - Achieving a 50-50 revenue split between seafood and vegetable businesses. - Possession of essential regulatory licenses, including Intellectual Property (IP) and Inland Revenue Commission (IRC). - We currently have enough revenue to finance the operations and the loan.

- A fishing and seafood processing business based in Port Moresby, Papua New Guinea. - We catch and process mud crabs, prawns and fish maw ourselves. We catch an average of 500 kg worth of seafood per day. - Have a processing unit in Port Moresby, where we package and clean the seafood. It has a maximum capacity of processing 1,000 kg per day. - The seafood is then sold to 5 local dealers, who further sell it locally and export them to nearby countries. - Business was started late last year hence we did not generate much revenue for the last financial year. - Physical assets include processing equipment and fishing equipment.

- Organic coffee bean trading business. - We get the beans from local farmers and sell them directly to factories. - Currently supplying to 3+ factories. - We employ contract workers and part-time workers based on requirements. - The promoter has 3 years of experience. - Majority i. e. 25 % of the revenue is generated from coffee bean trading. - The company also operates a 26 seater bus within the town.