Sector: Shrimp farming
SIC Code: 51460000 FISH AND SEAFOODS
Country of Origin: India |
Target Areas: Worldwide
A family-run seafood business supplying to the world since 1954. With almost 60 years of experience, this entity has developed strong sourcing points from all parts of India. Major sourcing points are situated in the state of Maharashtra and in coastal districts of Karnataka and Andhra Pradesh. Specifically in the field of aquaculture producing shrimps and other kinds of seafood for which it has acquired over 100 acres of land, this entity has developed ponds for producing around 15.000 kg of Vannamei Shrimp, in a period of 150 days, in each pond.
The entity seeks operating / working capital investments, in tranches of US$ 50,000 at a typical rate of return @20-24%. The period of investment is 6 months minimum.
Both principle and returns are paid back in the form of a PDC once the harvest is complete. The entity will provide an MOU, Promissory Note, PDC and a personal guarantee from the company owner for the investors to be satisfied.
Capital / Loan Requirements: 50,000 – 300,000
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