fairafric Chocolate bond 2023

Your interest in chocolate

0subscribed from 99.000,00 € of the chocolate vouchers.

Interest rate and term

The annual interest rate of the bond is 5.00%. 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?

How it works

Fill out form

We create a personalized contract with your data.


Print the contract 2x and sign both copies. Then please send us both copies by post.


As soon as we have countersigned the contract, we will send it to you with a request for payment. Please transfer the amount to the account we have specified.

Our chocolate factory has been in rural Ghana Since 2020

Our global vision

Use business to end poverty

Our mission

Create 10,000 climate-friendly jobs in Africa

Our values

impact-oriented, transparent, respectful, environmentally conscious, visionary

Your investment in the SDGs

We are achieving tremendous impact in 7 of 17 SDGs across all dimensions of sustainability.

Weinrich Cord Budde Fairafric

Cord Budde

Owner Ludwig Weinrich

,,We were one of the first producers of organic & fair trade chocolate in Germany. I see a similarly bright future for Made in Africa."

Weinrich produces the brands Vivani, GEPA, iChoc, Devine and many more. More than 1 million bars are produced daily at the company's headquarters in Herford.

Weinrich joined fairafric in 2019 as a strategic investor. Weinrich has greatly increased its investment in fairafric this year

Weinrich also trains our Ghanaian key personnel in the course of a training program and supports us in the operation of the factory.

Marie Claire Pellerin Fairafric

Marie-Claire Pellerin

CEO Claro Fair Trade AG

,,fairafric will shape fair trade. Because this is the only way to create an equal economy."

Claro Fair Trade AG is the Swiss fair trade organization and has around 60 points of sale for fair trade products.

Claro has been a strategic investor in fairafric since 2019. Claro has greatly increased its investment in fairafric this year.

Claro takes over the distribution in Switzerland for

Rudiger Daetz von Fairafric

Wolf-Rüdiger Daetz

Aufsichtsratsvorsitzender fairafric AG

,,Ich sehe in fairafric ein enormes Wachstumspotenzial und bin überzeugt, dass das Geschäftsmodell einen neuen Branchenstandard setzen kann."

Wolf-Rüdiger Daetz hat 30 Jahre Erfahrung als CFO im Bereich internationaler Industrie mit lokalen Einsätzen in Asien, Europa und Mittelamerika. Er ist überzeugter Impact Investor bei fairafric und Schokoladenliebhaber.

Seit 2022 ist er zudem Aufsichtsratsvorsitzender bei fairafric.

Frequently asked questions about fairafric

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

First Kickstarter campaign
Foundation of fairafric GmbH
First production

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!

Frequently asked questions about the chocolate bond

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:

Let's revolutionize the chocolate world together!