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Food Processing Business Seeking Loan in Bissora, Guinea-Bissau

Firm buys raw cashew nuts and processes it to sell to clients in international market.

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
Overall Rating
Seeking Loan
USD 120 thousand for 5.0% annual interest, 4 years (Native Currency: XOF 75,000,000)
Reason: Buy enough raw cashews and support the operations for the first 6 months of crop year.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 300 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

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.

Products & Services Overview

- Process and export bio / organic cashew kernels, cashew apple juice.

- Also provide consultancy on organic production to other factories.

Assets Overview

Land, plant & machinery, 1 truck, 1 car, 1 large storage container.

Facilities Overview

- 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.

Capitalization Overview
Not Disclosed
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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