OLIVE Cameroon
Buea (CMR)
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OLIVE
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Startup
Location:
Buea
Industry:
Agriculture
Year Founded:
2009
Number Employees:
1-10 people
Description:
OLIVE is a sole proprietorship in Cameroon. We are starting up timber logging and sales of sawn wood business within the national territory. There is a large market for sawn planks within the national territory and Neighbouring towns such as Fontem, Dschang, Bafoussam and Bamenda.
We are currently seeking to expand our production and revenue generation, through the acquisition of a Mobile Sawmill. This will boost up our production to over 200 planks a day and sales of at least 20000 planks per month. Averagely, each tropical plank “1 by 12 inch” cost 4000 at the local market. Thus, this will generate a minimum revenue of 20000 X 4000FCFA per month = 80000000FCFA (150000 USD) PER Month.
We currently in need of a mobile sawmill machine. We are seeking for believers to invest in this venture or provide us a loan/grant. We will prefer investment in kind or Equipment, not Cash. Investor will own 30% of the companies stake for five years. Investors will be paid a minimum of 90,000,000 FCFA (169,399 USD) per year for five years