PrimeStox Ltd and Coinvestors successfully raised £25,000 to fund the purchase of kilos 2290 days ago. Check back soon for updates.
Vanilla Co-investment
PrimeStox has identified some of the best quality vanilla in the world and will import it to the UK later in 2017. You can invest too and profit with vanilla.
Vanilla Planifolia, cured for 4 months, Gourmet Quality 14-18cm
repaid
Paid back in full on
1 Feb 18
On time
Offer Details
NOW
Already funded!
Earn
15.0%
In 7 months
EquivAlent to
27%
per year
The vanilla market has been in significant deficit since 2014/15 with prices increasing from £50/kg in 2012 to over £650/kg today. Data analytics company Mintec forecasts the market will remain tight for the remainder of 2017.
PrimeStox went in search of the best quality artisanal vanilla to supply premium bakeries, restaurants and smaller shops in the UK. Comoros was chosen because it is close to Madagascar, the biggest producer, but still produces it in a traditional way.
PrimeStox is buying the first £25,000 - about 50kg. PrimeStox is investing £5,000 of its own funds and would like you to invest too. You can earn 15% profit when it is sold in 7 months.
The vanilla market has been in significant deficit since 2014/15 with prices increasing from £50/kg in 2012 to over £650/kg today. Data analytics company Mintec forecasts the market will remain tight for the remainder of 2017.
PrimeStox went in search of the best quality artisanal vanilla to supply premium bakeries, restaurants and smaller shops in the UK. Comoros was chosen because it is close to Madagascar, the biggest producer, but still produces it in a traditional way.
PrimeStox is buying the first £25,000 - about 50kg. PrimeStox is investing £5,000 of its own funds and would like you to invest too. You can earn 15% profit when it is sold in 7 months.
Offer Details
NOW
Already funded!
Earn
15.0%
In 7 months
EquivAlent to
27%
per year
-
what's being imported?
Premium Gourmet Vanilla, 50kg (Rare), 2017 harvest
50000 kilos funded by 55 backers
EARN OVER 15.0%FUNDED£25,000- All of 16-18cm length
- Laboratory certified:
2% vanillin, 25-30% moisture - First quality in the world
-
The Proposal
PrimeStox will purchase 100kg of first quality vanilla between June and November 2017.
This offer is for the first 50kg.
When the vanilla is dried a sample will be sent and final price set. The indicative price for 50kg is £25,000, including freight and import duties. PrimeStox is investing £5,000 of its own funds.
PrimeStox representatives in Comoros will monitor the consistency of the product and the weight and will be responsible for flying it to London by Kenya Airways air freight.
In the UK it will be stored in a certified organic warehouse. It will be repacked in tins and tubes bearing the PrimeStox logo.
PrimeStox will sell directly to trade buyers including top restaurants and bakeries. Many are unable to source quality vanilla today. A single bakery can buy 10kg if the quality is right.
In addition the product will be sold through the site via an auction mechanism to smaller buyers. This will bring an element of transparent market pricing.
Buying the vanilla for £500/kg including freight and duties and adding 10% for packaging and in-country transport, means a sale price of £625/kg is required to pay the PrimeStox investors.
The current market price for 16-18cm vanilla is £675/kg in London and the 18cm variety (premium gourmet) is considered unobtainable, warranting an even higher price.
Investors will own the product - the second most valuable spice in the world after saffron - as security until they are repaid. Vanilla has a shelf life of 2 years minimum.
ProductBlack, cured, premium gourmet vanilla podsCountry of OriginComoros IslandsAmount Bought£25,000 - approx 50kgDuration7 monthsRepayment date1st Feb 2018Profit Offered15% absolute, 27% annualSecurityFull shipment of vanilla (approx 50kg)MarketplacePremium UK bakeries, restaurants and health shops
The Producers
Aboubakar Abdoulwahab
President of the National Vanilla Office, Comoros
"Comorean vanilla commands a premium on the international market. Ours is one of the only 100% natural vanillas left on the market. We are free from all additives and mass production techniques."
Aboubakar Abdoulwahab
President of the National Vanilla Office, Comoros
"Comorean vanilla commands a premium on the international market. Ours is one of the only 100% natural vanillas left on the market. We are free from all additives and mass production techniques."
Producing the perfect vanilla requires skill. Between May and July crops are harvested. Cutting too early risks affecting the taste.
Then producers have just 2 days to boil the green pods. In Comoros just five kilos of green are needed to make one kilo of black. In Madagascar as much as 10 kilos of green are needed for a kilo of black.
Once boiled, the pods are laid out daily in the sunshine to dry. This continues for several months.
Faithfulness to this process guarantees quality.
Packaging is also important. Vacuum packing should be avoided. The ideal packaging is light grease proof paper and dark, dry conditions.
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