Valle Verde

Valle Verde, Farmfolio's latest opportunity, seeks to raise $2.5 million in capital towards the sourcing, packing, and distribution of Tahiti limes from Colombia. The facility will utilize the latest packing technology from Mexico, and will be the only facility of its kind in the region. Valle Verde's limes will be marketed primarily by Farmfolio’s La Dona Fruit brand, utilizing Farmfolio's global presence to introduce the world to exquisite Colombian limes. Valle Verde will also provide private label services to importers throughout the world.

One of the most dynamic and sought-after tropical fruits on the market, limes have become a mainstay for consumers all over the globe, and demand shows no signs of slowing. As an origin, Colombia shows tremendous potential - many of its citrus growers have converted their orange groves to lime plantations, and the ideal growing conditions in Colombia produce limes with robust skin and rich coloration. However, the region lacks a modern, centralized packing facility and the global recognition to enter markets, which receive limes almost exclusively from Mexico and Brazil. Valle Verde is bridging the supply-chain gap between local growers and international markets for Colombian lime.


Colombian Tahiti Lime

The Colombian fruit sector has been working with the government to create a horticultural plan that prioritizes an increase in the production of Tahiti Lime. One of the advantages is that this product is highly durable and due to Colombia’s location in the tropics, production can be done for most of the year. Already, Colombian Tahiti Lime is being exported to various countries in Europe including Belgium and the United Kingdom. There is a strong demand for Colombian Tahiti Lime even from other South American countries. For instance, in 2018, Argentina’s Ministry of Commerce, Industry and Tourism authorized sanitary eligibility for the entry of Colombian Tahiti Limes into the country. The benefit is an even wider market for Colombian Tahiti Lime. In fact, it is also estimated that the United States’ most imported citrus fruit from Colombia is Tahiti Lime. During Q2 2019 the Farmfolio team conducted due diligence to over 20 lime farms and the team has secured sourcing which equates to more than 1,500 acres from lime producers.

Go to Market

The principal customer for the Lime facility will be the La Dona Fruit Co, which is a Farmfolio company. La Dona fruit is already distributing Pineapples in global markets and has been preparing to cross-sell limes to its existing customers. The initial feedback has been very strong, particularly in windows of production opposite Brazil and Mexico.

La Dona Fruit Co launched its import and promotion desk in Rotterdam, Holland. Founded by Edna Vergara in 1977 and re-launched in 2018 with Farmfolio, La Dona Fruit Co specializes in the Ultra-Premium Pineapple from Chorrera, Panama. In 1999, Edna Vergara lobbied the Panamanian government to allow her to experiment with the newly developed MD-2 pineapple seed developed by Del Monte. After several trials, Enda gained permission to begin commercial development in Chorrera. Fast forward to 2007, Edna organized and built the first internationally certified packing facility and was named the first female agriculture person of the year in Panama. Today, La Dona exports its golden pineapples to 10 countries with a focus on high color and high sugar content pineapple.

In partnership with Farmfolio, Edna and her son Paul Vergara successfully raised over 4 million USD to expand the farm, upgrade facilities, and establish direct import companies in Asia, Europe, and the United States. The newly opened Dutch promotion desk will service EU, Middle Eastern, and Russian markets.

Beginning in late July 2019, La Dona will offer its Ultra-Premium “Perfect Pineapple” shipped via air, High Color Super Sweet Pineapple and Sweet Pineapple shipped via container. All products will be available for pickup or delivery from La Dona’s cold storage facility in Ridderkirk.

Farmfolio Promotion Desk

Farmfolio Founder and Director of International Marketing for La Dona Fruit Co, Dax Cooke states: “Edna Vergara and the La Dona brand are symbols of hope for all small farmers with vision and perseverance. The love and passion that the Vergara family put into their work are why La Dona Pineapple is the very best in the world! Through our import/ promotion desks, La Dona will change the game in terms of service for customers by offering 48-hour delivery from our Ridderkirk cold storage facilities.” Cooke will be heading the European launch of La Dona Fruit and plans to establish a regional presence in Barcelona, Copenhagen, Istanbul, Madrid, Milan, Munich, and Paris. The company expects to ship 500,000+ cases of its premium fruit to EU markets annually amongst other tropical fruits.


The Republic of Colombia is a sovereign state largely situated in the north of South America with land and territories in North America. It is bounded on the north by the Caribbean Sea, on the west by the Pacific Ocean and shares part of its northern border with Panama. It is a capital city is Bogota and the country’s urban centers are concentrated in the Andean highlands and the Caribbean coast.

Topographically, Colombia has the second-highest biodiversity in the world as its territories encompass the Amazon rainforest, highlands, grasslands, deserts, islands, and coastlands. The implication is a wide diversity in plant and animal species. Historically, Colombia has been an agrarian but rapidly urbanized in the 20th century. With its population of 49 million inhabitants (2018), it is the third-most populous country in Latin America after Brazil and Mexico. This population is expected to grow to 55.3 million by 2050.

Colombia is considered the gateway to South America as it is located in the continent’s northwestern region, and connects the continent with North and Central America. The country is an attractive investment destination for companies and investors looking to do business in Latin America. The country boasts of vast natural resources and a well-diversified economy with an estimated GDP of over $330 billion (2018) expected to grow to about $415 billion in 2023 (Statista). It is the third-largest economy in Latin America with an annual GDP growth of 4.9%.

The Colombian production of horticultural products is concentrated in the regions of Antioquia (27.1%), Santander (12.9%) and Valle del Cauca (9.3%). Colombia’s investment portal estimated that exports of fruits and vegetable sector reached 48 destinations around the world in 2017. Some of the notable recipients are The Netherlands, with exports of US $61.8 million, the United States, with exports of US $19.1 million and the United Kingdom, with exports of US $18.3 million.

Corporate Structure
Valle Verde
Valle Verde represents the beginning of a new era for Colombian lime production. Sourced from local growers in beautiful, historic Antioquia, the limes will be packed at Valle Verde's state-of-the-art packhouse, the first of its kind in the region, and distributed by Farmfolio's La Dona brand.
Fixed Assets
Infrastructure and Equipment
Infrastructure and Equipment
Valle Verde's packhouse will be a high-technology facility located a free trade zone in Urabá, a subregion of the Antioquia department of Colombia. The first facility of its kind in the region, the packhouse will posses a cutting-edge packing line and coldroom capable of processing up to 1 million kilos of lime per month. The accompanying equipment utilized at the facility will constitute a significant portion of Valle Verde's fixed assets.

Valle Verde’s packhouse will be a high-technology facility located a free trade zone in Urabá, a subregion of the Antioquia department of Colombia. The first facility of its kind in the region, the packhouse will posses a cutting-edge packing line and coldroom capable of processing up to 1 million kilos of lime per month. The accompanying equipment utilized at the facility will constitute a significant portion of Valle Verde’s fixed assets.

There are many considerations to take into account when establishing a lime packing facility of this kind, and the Valle Verde team has taken every precaution to ensure that the facility complies with the highest international phytosanitary regulations. This includes following quarantine regulations for diseased fruit, ensuring that temperatures in cold storage are maintained at adequate levels, and maintaining the sizing, washing, and drying systems.

The machinery at the Valle Verde packing facility will consist of a dedicated CPU with programming and line control software, electronic sizers and rollers with cushioning to protect the fruit, diameter and color classification systems, sorters, singulators, and many other systems. These features will ensure maximum efficiency at the facility.

Share Price $1,000
Number of Shares 2500
Minimum Investment $100,000
Total Capital to Raise $2,500,000
Capital Raised $2,500,000
Avg. 10 Year Yield 11.92%
10 Year Total Return 231.07%
IRR 11.02%
Ownership Percentage
Legal Structure
Legal Structure

Valle Verde, LP, a Cayman Islands Exempted Limited Partnership (a single purpose investment and operating partnership, hereinafter referred to as the “Partnership”), is hereby offering to a limited class of investors its limited partnership interests, which are represented by limited partnership units (each, a “Unit” and collectively, the “Units”) at an offering price of $1,000 per Unit, up to a maximum of 2,500 Units (the “Offer”). The Partnership intends to recapitalize, restructure, and expand the successful operational a Tahiti Lime packing facility located in Uraba, Colombia which is comprised of 1,240 m2 property in the Uraba Free Trade Zone, equipment, vehicles and other project-related expenses in order to increase operational yields/efficiencies and provide return to the investors (the “The Opportunity”). The Partnership intends to use the proceeds of this offering to pay offering expenses, expenses incurred by the Partnership and expenses associated with operating and further developing the Opportunity to realize greater operational capabilities, such as purchasing equipment, construction cost, financing operational costs and improving yields towards greater profit potential and sales value. This Offering is being made (1) inside the United States to “Accredited Investors” (as defined in Section 501 of the Securities Act of 1933 (the “Securities Act”) of the Securities and Exchange Commission (the “SEC”) in reliance on Regulation D under the Securities Act who are U.S. persons (as defined in Section 902 of Regulation S under the Securities Act) and (2) outside the United States to non-U.S. persons in reliance on Regulation S. Persons purchasing as non-U.S. persons will only be entitled to resell their Units to other non-U.S. persons in an offshore transaction (as defined in Rule 902 of the Securities Act).

Capital Uses
Due Diligence $7,000
Construction & Land Down Payment $755,840
Main Line $190,000
Scale $3,750
Cold Room $93,750
Trucks $62,500
Thermo King $109,375
Buyer Vehicles $62,500
Working Capital $468,750
Forklifts $68,750
Fruit Baskets $6,250
Box Folding Machine $89,035
Development Fee $250,000
Marketing $286,000
Local Consulting Lime $26,563
Miscellaneous $20,000


The team's decision to pursue the Valle Verde investment project was informed by an acute awareness of global lime markets and the opportunities they present. The team undertook a lengthy research process, and local experts were brought in to provide information on growing conditions, logistical capacities, and sourcing potential.