2015
First official meetings between Hendrik and cocoa farmers* and cocoa workers* in Ghana.

2016
First Kickstarter campaign
Foundation of fairafric GmbH
First production

2017
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

2018
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

2019
Decision to build a larger chocolate factory on their own: On the land of the cocoa cooperative we work with, in the rural region where the cocoa beans also grow.
Shareholders increase to 360; Ludwig Weinrich and claro fairtrade AG join the fairafric family
Winning the Lammsbräu Sustainability Award

2020
Construction of our new chocolate factory in Amanase. Record-breaking construction time of 5.5 months from groundbreaking to first bar.

2021
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 chocolate bars.

2022
fairafric opens the Visitor Concept (see below), becomes an official partner of Borussia Dortmund and produces the new BVB chocolate.
fairafric reaches the final of the German Sustainability Award 2022 and wins the competition for shaping the future from Project Sustainability.

However, this is just the beginning!

The owners of fairafric are the founding team, our 930 shareholders from the clientele, the Ludwig Weinrich GmbH and the claro fair trade AG as well as our team and the cocoa farmers of our partner cooperative.

1. the purchase of our cocoa ingredients alone will cost us more than 1.3 million euros for production in 2023.

2. the establishment of a marketing and sales team in Ghana, and the intensification of our distribution channels in Europe.

3. the development of new products.

We expect to be profitable from 2025 onwards. As we have to pay interest and repayments of over 1,000,000€ in 2023 and our ingredient warehouses and intermediate storage facilities have to increase significantly to accommodate the upcoming growth, we will still be in the red for 2023.

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!

Our German-Ghanaian team introduces itself here.

You pay us 1.000€ now, on that you get 7 times 55€ interest. So in the end you get back 1.385€ on your 1.000€.

The campaign will run until the maximum volume of 999,000€ is reached.

Wir teilen keinem Finanzamt Informationen über unsere Anleger*innen mit. Ihr gebt bei Eurer Steuererklärung einfach erhaltene Zinsen an. Dies müsst Ihr nur ein Mal machen, in 2030 wenn wir Euch die Zinsen der gesamten Laufzeit zahlen.

Wer uns Geld zinsfrei leihen will, schreibt uns eine kurze E-Mail. Das geht natürlich auch und unterstützt uns noch mehr.

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.

Under the bond exactly 999,000 euros. This is due to German legislation on investor protection. You can download the WIB here .

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.