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Security Type
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Convertible Note
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Categories
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Agriculture
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Min Investment
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$100
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Offering Date
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February 19, 2021
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Expected Close Date
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April 30, 2021
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Target Raise
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$50.00K-$500.00K
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Deal Notes
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Price Per Share: $1.00
Company Description
Doselva was founded on the premise of providing value chain alternatives for coffee and grain farmers in Central America facing a livelihoods crisis due to climate change and price volatility in major commodities.
The premium spice market, particularly organic certified, is experiencing significant market growth and represents a more specific target market for Doselva. Rising awareness among consumers regarding the medicinal properties and health advantages of natural spice consumption is a primary driver of industry growth. Shifting preference towards chemical free ingredients owing to their notable health benefits including anti-inflammation, therapeutic and pain-relieving properties is expected to propel the organic spice market growth.
Key Deal Facts
PEOPLE: High value climate resilient spices and herbs = strong farmer profits and rural communities
PLANET: Shade tolerant cultivars = forested landscape , regenerative agriculture, & sequestered co2
PROFIT: Premium, organic, medicinal spices and herbs direct to global, high value markets
With letters of commitment from buyers, we hope to achieve $1.7 million in sales in 2021 (5x growth)
Exec team with half-century of experience in Central American agri-business and small holder support
Use of Proceeds
$50,000
- 60% increasing processing plant capacity, 32.5% diversifying production base with new and scaled product, 7.5% Wefunder fee.
$500,000
- 41.5% increasing processing plant capacity, 19% diversifying production base with ginger, cardamom and vanilla on expanded acreage, 32% program expansion to Honduras and Costa Rica, 7.5% Wefunder fee.
Management Team / Advisory Board Bios
Jefferson Shriver, CO-Founder and CEO
25 years of professional experience in agri-business with focus on sustainable supply chains, including spices, in Central America.
Aaron D Sachowitz, Co-Founder
Associate Professor of Communication at Saint Mary's College with a focus on food justice. Aaron has six years of nonprofit board experience at COLAGE, two as Chair, as well as ongoing institutional governance experience at Saint Mary's College.
Shayna Harris, Board Member and Investor
Shayna is the co-founder and Managing Director at Supply Change Capital, an early-stage venture firm investing at the intersection of food, culture, and technology. She was previously the Chief Growth Officer of Farmer’s Fridge.