fairafric chocolate voucher2022
Your interest in chocolate
The annual interest rate of the bond is 4.00%. The interest is calculated annually and paid out once a year in the form of a voucher for our online store.
The Schokoschein has a minimum term of 5 years. If you want to get your money back, you have to cancel your chocolate voucher 3 months before the end of the calendar year. In this case you will get your money back in January of the following year. If you or fairafric do not cancel the contract, you will receive your interest every year in the form of a voucher. Who doesn't want a lifetime chocolate subscription?
Our chocolate factory has been in rural Ghana Since 2020
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 participated in fairafric
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 grow.
Increase of shareholders to 360; entry of Ludwig Weinrich and claro fairtrade AG into 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 chocolate bars.
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.
1. purchasing 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.
From 2024, we expect to be operationally profitable. As we have to pay interest and repayments of more than 1,000,000€ in 2023 and our ingredient warehouses and intermediate storage facilities have to increase significantly to enable the upcoming growth, we calculate
with a minus 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!
A subordinated loan describes a loan which, in the event of the borrower's insolvency, is subordinated to other claims of other creditors.
We do not share information about our investors with any tax office. You simply declare interest/dividends received on your tax return.
If you want to lend us money interest-free, write us a short e-mail. Of course, this is also possible and supports us even more.
Since the subordinated loan is issued unsecured, your investment may be totally lost.
Therefore, do not invest money that you absolutely need.
The campaign will run until 99,000€ have been subscribed. Due to the high demand, we expect that there will be a full subscription quickly. We process the subscriptions according to when they are received.
The impact of fairafric
To draw your fairafric chocolate bill, please complete this form: