Seafood Processing Businesses Seeking 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.

- 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.

- We have a farm and factory that was opened in 2017 to meet the highest standard for organic snail production. - Have become on of the world leaders in the bio segment with all certifications required to meet EU and global standards. - We breed over 100 ton of snails for meat and 400 ton of snails in total. - Company has two verticals, one which sells snails for meat and the other is a cosmetic brand using snail products. - We have intensively studied the possibilities of using snail-derived materials, like lyophilized slime and lyophilized roe for our cosmetics. - Supplying our snail meat product to 3 companies with 5 more are signing on within the next 2 months.

- We are a seafood and flour processing business. - Our current processing capacity per week is 1.5 tons of fish and 10 tons of flour. - Currently, we have the need for 1 factory with a processing capacity of 7 tons of fish & 40 tons of tapioca flour. - To meet this demand we are seeking investment. - We have tie-ups with three suppliers from Jakarta.

- The farm is in the final phase of construction, we have completed 80% of the construction, and the last 20% remains to be completed. - The plant will use a new technology for the recirculation of water which will feed another algae farm for nutrition for a biological cycle. - We think we will go into production in the first months of next year. Will generate revenue post 3 months into production. - Business was registered 7 years ago but we are yet to generate revnue.

- Startup business with 3 years in the UAE market. - Have a network of clients who are mainly traders and wholesalers. - Currently supplying to 50 wholesalers and traders. - We procure the seafood from vendors in India, China, and Vietnam. - Have 3 permanent employees and few contract based employees.