Food Processing Business Seeking Loan in Bissora, Guinea-Bissau
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Other |
Reported Sales | USD 1 million |
Run Rate Sales | USD 900 thousand |
EBITDA Margin | 27 % |
Industries | Food Processing |
Locations | Bissora |
Local Time | 1:24 AM Africa / Bissau |
Listed By | Business Owner / Director |
Status | Active |
Cashew nuts processing firm in Guinea-Bissau that processes and exports cashew to 5 clients based in Germany, Italy, France and Senegal. Plant has the production capacity of 350 MT and we operate at 100% capacity. We procure raw materials from 2,700 farmers locally. Factory operates whole year but the main season is between March to September.
We work in collaboration with a large NGO who provide us subsidy in terms of internet, telephone and daily food. In addition, they also provide us consultancy on effectively running the factory. We have 20 permanent employees and 80 daily wage workers. Our run rate revenue has reduced due to shortage of funds to buy more raw materials for processing and exporting.
Our factory has organic certification from Kiwa BCS. In addition to processing cashew, we also provide social business development support (consultancy on organic production) to other factories in Guinea-Bissau. Have provided consultancy to 1 company till date.
- Process and export bio / organic cashew kernels, cashew apple juice.
- Also provide consultancy on organic production to other factories.
Land, plant & machinery, 1 truck, 1 car, 1 large storage container.
- Built-up area of 450 sq mt that has 1 floor factory and equipped with plant & machinery.
- We also have 1 large storage container of 100 sq mt.
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Earlier than 15 daysCEO, Telecommunications, Basel, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And CEO, Investment Company, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business