8.1 / 10
 Bissora

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

Key Business Facts
Yearly Sales USD 900 thousand
EBIDTA Margin 27 %
Industries Food Processing
Locations  Bissora
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.
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
In talks with 3 Investors
Contact Business