Finance ready plan: Processing local oil to service the growing Liberian population

  

PASSAMA Agriculture & Trading Corporation, Liberia

Every week, BiD Network highlights three finance ready plans. These top businesses have been subjected to the rigorous selection, coaching and matchmaking processes of BiD Network. They are ready for investment to expand their operations. With feasible business plans, a solid management team and real growth potential – finance ready plans deserve the attention of committed investors.

PASSAMA Agriculture & Trading Corporation provides locally processed Liberian oils to hotels, restaurants, NGOs, as well as the general public in Liberia. Producing red oil, kernel oil, coconut oil and Torgbogee oil (made from the palm trees), as well Kola Nuts (produced from the kola trees and used extensively in clothing production), PASSAMA have a plethora of products of interest for both local, as well as international consumers.

Offering high quality, affordable produce, PASSAMA already exports to the USA, Gambia, Guinea and Ghana, and hopes to secure investment to expand these markets to the EU and Nigeria. Read more.

Sector: Retail/Wholesale
Finance needed: $10,000 – $50,000

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BiD Network contributes to sustainable economic growth by stimulating entrepreneurship in emerging markets. With over 46,000 members and 10,000 business plans, bidnetwork.org is the world’s largest online community for emerging market SMEs, coaches and investors. Since 2005, BiD Network has launched 670 businesses, created more than 4700 direct jobs, and mobilised $15 million from investors. In November 2010, BiD Network was chosen by a G-20 jury as one of the 14 most innovative SME Finance organisations in the world.

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