fairafric bond 2027
Invest in a better future
Since 2020, our chocolate factory has been located in rural Ghana
Reference fairafric AG
First official meetings between Hendrik and cocoa farmers* and cocoa workers* in Ghana.
First Kickstarter campaign
Foundation of fairafric GmbH
Second Kickstarter campaign
Successful organic certification of the entire value chain
Start of collaboration with Yayra Glover Ltd.
Change from 20g bars to 100g bars
Third Kickstarter campaign
Certification Climate Neutral (both chocolate and company)
Establishment of fairafric Foundation, which holds shares in fairafric GmbH for cocoa farmers*
First Seedrs campaign (Seedrs enables startups to attract their clientele as shareholders*), in which 264 private individuals have invested in fairafric
Decision to build a larger chocolate factory on our own: On the land of the cocoa cooperative we work with, in the rural region where the cocoa beans also grow.
Increase of shareholders to 360; Ludwig Weinrich and claro fairtrade AG join the fairafric family
Winning of the Lammsbräu Sustainability Award
Construction of our new chocolate factory in Amanase. Record-breaking construction time of 5.5 months from groundbreaking to the first bar.
fairafric GmbH becomes fairafric AG. Within 3 days the first convertible bond with 990.000€ is fully subscribed and already within 24 hours the first share issue of 999.589,80€ of fairafric is sold out. fairafric buys 250 tons of cocoa beans for production in 2021, paying the highest premiums in West Africa. fairafric also chases record after record in 2021. fairafric more than doubles last year's sales and produces over 2,000,000 bars of chocolate.
However, this is just the beginning!
The owners of fairafric are the founding team, our 750 shareholders from the clientele, Ludwig Weinrich GmbH and claro fair trade AG as well as our team and the cocoa farmers of our partner cooperative.
We have 4 major investment projects, all of which we will tackle in the coming months:
1. purchasing our cocoa ingredients alone will cost us more than 1.1 million euros for production in 2022.
2. a visit concept is to be established, which will combine farm visits with factory visits.
3. a canteen in which dishes are cooked with ingredients from our organic farms.
4. the establishment of a marketing and sales team in Ghana, as well as the intensification of our distribution channels in Europe.
From 2023-2024, we are expected to be operationally profitable. As we have to pay interest and repayments of over 1,000,000€ in 2022 and our ingredient warehouses and intermediate storage facilities have to increase significantly to accommodate the upcoming growth, we still calculate a loss for 2022.
Through our new Visitor Center, we also want to give our customers the opportunity to get a deep look into our operations. The factory visit will be combined with a visit to our farmer communities, all in one day! Unique in the world!
You pay us 1.000€ now, on that you get 6 times 35€ interest. So in the end you get back 1.210€ on your 1.000€.
The campaign will run until the maximum volume of 999,000€ is reached. Due to the demand we expect this to happen within a few months.
We do not share information about our investors with any tax office. You simply declare interest received on your tax return. You only have to do this once, in 2028, when we pay you the interest for the entire term.
If you want to lend us money interest-free, write us a short e-mail. Of course you can also do this and support us even more.
Since the loan is issued unsecured, it can come to the total loss of your investment.
Therefore, do not invest money that you absolutely need.
In this case, Weinrich has assured us that we can take orders from the plant in Germany. Since this plant is working at the absolute limit of its capacity and can hardly be expanded, this is an attractive option for both sides.
The impact of fairafric
The Management Team in Ghana
The Management Team in Germany
This website is advertising a bond for which a securities information sheet has been prepared. You can download this here . You are about to purchase a product that is not simple and can be difficult to understand.