Founded by Yvelise and Christophe Latchman, a couple of farmers deeply committed to ecological transition, Les Jardins de Chayah are developing a 9-hectare agroecological farm in Guadeloupe, with the ambition of strengthening the island’s long-term food sovereignty.
The project combines free-range livestock of local breeds, diversified organic market gardening, and an on-site processing unit to build an integrated local value chain.
It also includes a training center to transmit agricultural know-how, and an eco-tourism accommodation offering to help the wider public discover agroecology.
Through this project, the founders aim to create jobs, stimulate the local economy, and meet the growing demand for local products, while laying the foundations for a replicable model of regenerative agriculture.

• psychology_altWhy invest in this project ?

  INVESTING IN LES JARDINS DE CHAYAH MEANS SUPPORTING AN AGRICULTURAL PROJECT THAT IS PROFITABLE, STRUCTURING, AND HIGH-IMPACT:

  ❇️ A project with systemic impact on food sovereignty :
  Les Jardins de Chayah go beyond production alone: the project is helping rebuild under-supplied local value chains (Creole pork, microgreens, local flours) and demonstrates the economic viability of an agricultural model that regenerates soils, preserves biodiversity, and creates rural employment.

  
  

  ❇️ An innovative response to critical challenges :
  — Structural deficit : The Guadeloupean pork industry covers only 21% of local consumption despite strong demand. Microgreens have a coverage rate below 1%.
  — Technological innovation : development of solar dryers to produce local gluten-free flours (banana, cassava, yam, breadfruit) with a 90% reduction in energy use vs. conventional dehydration.
  — Valorization of genetic heritage : preservation and development of Creole breeds (Creole pork) adapted to tropical climates—more robust and resilient than industrial breeds.

  ❇️ A diversified and resilient business model :
  Diversified production and sales channels mitigate the risks associated with dependence on a single activity.
  The B2B (88%) / B2C (12%) mix secures stable outlets while maintaining a direct relationship with end consumers.

  
  

  ❇️ A solid financial trajectory :
  Based on the forecasts shared by the project owners (not guaranteed), the farm is expected to reach operational profitability by 2026, with projected revenues approaching €1 million at full capacity. These projections rely on assumptions that remain subject to the inherent uncertainties of agricultural activity.

  
  

  ❇️ An experienced and widely recognized team :
  Christophe Latchman is President of GDA Eco Bio, a lecturer at the Guadeloupe agricultural high school, and a recognized expert in tropical organic agriculture. Yvelise Latchman adds complementary expertise in management, food processing, and business diversification. Together, they build on 20 years of experience in Guadeloupean agriculture.

  
  

  ❇️ A financing plan already secured at 79% through public grants :
  Out of a total €3.1M investment plan, €2.5M is covered by subsidies (including FEADER). The €550,000 crowdfunding round completes a financing structure that has already been largely validated by public stakeholders.

• crisis_alertProblem

  🔺Guadeloupe facing a critical food dependency :
  In 1960, Guadeloupe produced 80% of its own food locally. Today, this share has fallen to less than 20%. This dependency on imports generates:
  — Economic vulnerability : exposure to logistical cost fluctuations and global market volatility
  — Climate vulnerability : maritime or weather-related disruptions can interrupt supply chains
  — High carbon impact : transportation of food over thousands of kilometers
  — Loss of food sovereignty : inability to feed the population in the event of a crisis.

  
  

  🔺Underutilized local resources :
  Despite fertile and available land, large areas remain uncultivated. Without local processing infrastructure, value creation escapes the territory, slowing the development of local value chains.

  
  

  🔺Strong demand but no local supply :
  Local production covers only 10% of poultry, 20% of pork, and 85% of eggs. Some products (e.g., microgreens) are almost entirely imported, even though consumers increasingly demand local, traceable, high-quality food.

  
  

  🔺The chlordécone issue: a major public health concern :
  The historical contamination of soils by chlordécone (a pesticide used in banana plantations until 1993) reinforces Guadeloupean consumers’ demand for full product traceability, soil testing and regular controls, and production on non-contaminated land using organic farming practices (zero synthetic pesticides).

  
  

  🔺A lack of generational renewal in agriculture :
  An ageing farming population, limited training opportunities, and a shortage of profitable models hinder young farmers from entering the profession. Without new initiatives, the territory risks increasing its external dependency and losing valuable agricultural heritage.

  
  

  🔺An urgent need for agricultural models that are both profitable AND sustainable :
  Guadeloupe’s challenge is not only to produce more, but to build an agricultural model that is:
  — Economically viable to encourage new farmers to settle
  — Ecologically regenerative to restore soils and biodiversity
  — Socially responsible by creating quality jobs in rural areas
  — Technologically innovative to reduce labor hardship and carbon footprint.

• lightbulbSolution

  Les Jardins de Chayah do not position themselves as a traditional farm, but as a farm-laboratory that rebuilds under-supplied value chains, tests low-tech innovations, and transfers proven agricultural know-how.

  
  

  ❇️ SHORT-CIRCUIT MIXED FARMING — DIVERSITY & RESILIENCE

  Organic-certified plant production (9 hectares) :
  — Diversified market gardening : open-field crops (0.4 ha mixed herbs, 0.4 ha microgreens) + agroforestry (2 ha banana plantations intercropped with fruit trees)
  — Regenerative practices : crop rotation, cover crops, on-site composting, zero chemical inputs, water-efficient irrigation using rainwater harvesting
  — Optimal natural conditions : fertile ferralitic soils + abundant rainfall
  — Positioning : fresh produce, processed vegetables (soups, ready-to-use herb mixes, microgreens), and weekly AMAP-style farm baskets

  
  

  Free-range livestock of adapted breeds :
  — Label Rouge Creole pork : a hardy local breed, resistant to heat stress, raised outdoors on plant-based bedding and fed without systematic antibiotics (capacity: 220 pigs/year)
  — Free-range poultry : broiler chickens raised on grassy runs (60,000 chickens/year in two dynamic 400 m² buildings) + laying hens (25,500 eggs/year in two mobile henhouses)
  — Enhanced animal welfare : controlled stocking densities, permanent outdoor access, and preference for locally sourced feed.

  
  

  ❇️ LOW-CARBON AGROPROCESSING — LOCAL VALUE CREATION

  — Technological innovation for local flours: the project includes a solar dehydration unit developed with INRAE, enabling the processing of bananas, cassava, yams, and breadfruit into gluten-free flours
  — Vegetable processing and packaging workshop

  
  

  ❇️ TRAINING & KNOWLEDGE SHARING — REPLICATING THE MODEL

  — Educational hub open to all: school groups, students, and adults in professional transition
  — 5-year objective : establish Les Jardins de Chayah as a recognized resource center for setting up tropical organic farms, and contribute to generational renewal in the Creole pork and market gardening sectors.

  
  

  ❇️ AGRITOURISM — LOCAL ANCHORING & SITE ENHANCEMENT

  Dual impact : diversified revenue streams to secure the economic model + increased visibility of the project among a wide audience (tourists, families, professionals).
  Les Jardins de Chayah position themselves as a key player in Guadeloupe’s food transition and embody a new generation of farms: self-sufficient, profitable, and deeply rooted in their territory.

• publicImpact

  

  ecoENVIRONMENTAL IMPACT: CERTIFIED REGENERATIVE AGRICULTURE

  Biodiversity and soil health :
  — Zero synthetic pesticides, zero chemical fertilizers (organic certification)
  — Crop rotation and permanent cover crops to build organic matter
  — Agroforestry: integration of fruit trees within banana plots to create microclimates and support beneficial fauna
  — Pollinator hedgerows and flowering strips
  — Preservation of 6 hectares of primary forest on site (protecting local biodiversity)

  Efficient water management :
  — Drip irrigation to reduce waste
  — Rainwater harvesting in retention basins (total capacity: several dozen m³)
  — Crops adapted to tropical conditions (drought-resistant varieties)

  Carbon footprint reduction:
  — Substitution of several hundred tonnes of imported goods per year (meat, vegetables, flours) with ultra-local production
  — Short supply chains: under 50 km from production to consumption (vs several thousand km for imports)
  — Solar-powered agroprocessing: 90% energy savings vs conventional electric dehydration
  — No synthetic nitrogen inputs (a major source of agricultural GHG emissions)
  — Restored soil = carbon sink: agroecological practices increase soil organic matter and store CO₂.

  Contribution to climate policies:
  — European Green Deal (carbon neutrality by 2050)
  — “Farm to Fork” strategy
  — Ambition Bio 2027
  — “4 per 1000” initiative (soil carbon sequestration)
  — Ecoantibio 3 & Ecophyto plans (antibiotics and pesticide reduction).

  
  

  diversity_3SOCIAL & TERRITORIAL IMPACT: JOBS, TRAINING, INCLUSION

  Creation of skilled rural jobs:
  — 7 team members planned (vs an average of 1 to 2 employees per farm in Guadeloupe)
  — Stable jobs, quality working conditions, skills development
  — Contribution to reducing rural depopulation

  Access to healthy food:
  — Fresh, local, organic, traceable products grown on tested soils (outside chlordécone risk zones)
  — Controlled pricing (+30% max vs conventional) so organic remains accessible
  — Direct sales (AMAP, baskets, markets) strengthening social ties

  
  

  Training and empowerment:
  — 120 people trained/year in agroecological practices (general public, new farmers, students)
  — Dissemination of technical know-how: Creole pork management, tropical organic market gardening, low-carbon processing
  — Support for generational renewal: guidance for new farmers establishing their farms

  Community engagement:
  — Partnerships with GDA Eco Bio, local cooperatives (COOPORE), agroforestry associations
  — Educational visits for school groups and families
  — On-farm events (open days, cooking workshops, harvest celebrations)

  
  

  policyGOVERNANCE: TRANSPARENCY & COMPLIANCE

  — Fair capital distribution (50/50 between founders)
  — Continuous joint decision-making between Christophe and Yvelise
  — Regular reporting to investors (P&L, impact indicators)
  — Strict compliance with agricultural, environmental, and financial regulations

  
  

  rocketLONG-TERM VISION: A REPLICABLE MODEL

  2028–2030 horizon:
  — Development of a premium artisanal charcuterie value chain using Label Rouge Creole pork (value creation, skilled jobs)
  — Deployment of low-carbon equipment (solar dryers, bioclimatic greenhouses) to other Guadeloupean farmers
  — Replication of the model in other Caribbean and African territories (similar tropical contexts)
  — Positioning Les Jardins de Chayah as a reference farm for agroecological transition in island environments.

  
  

  compassSUSTAINABLE DEVELOPMENT GOALS (SDGs)

  The project aligns with the priorities of the European Green Deal, Ambition Bio 2027, and national policies on plant proteins.
  It directly contributes to SDGs 2, 8, 9, 12, 13, 15 and 17:

  SDG 2️⃣ – Zero hunger & food sovereignty :
  — Reducing massive dependency: today only 10% of poultry and 20% of pork are produced locally.
  — At full capacity, the farm substitutes several hundred tonnes of imported food per year with organic, traceable, local production.
  — Direct contribution to food security in a territory where 80% of foodstuffs are imported.

  SDG 8️⃣ – Decent work & economic growth :
  — Commitment to long-term employment across all operational roles. PCRH study in partnership with OCAPIAT.
  — Implementation of an innovative economic concept, the “3Ps” (Precision, Prediction, Performance).

  SDG 9️⃣ – Industry, innovation & infrastructure :
  — Deployment of innovative infrastructures and practices in Guadeloupe (active/passive solar dryer, bioclimatic greenhouse, deep-litter livestock systems).

  SDG 1️⃣2️⃣ – Responsible consumption & production :
  — Local value creation through an on-site processing unit (charcuterie, dried fruits, flours), stabilizing margins and structuring a distinctive value chain.
  — Development of short supply chains (cooperatives, wholesalers, direct sales) and response to demand for traceable, local food.
  — Resource-efficient management: elimination of chemical inputs, reuse of co-products, irrigation from rainwater harvesting.

  SDG 1️⃣3️⃣ – Climate action :
  — Adoption of a circular mixed-farming model: composting, valorization of effluents, bioclimatic greenhouses, solar dryers.
  — Significant emission reductions through the absence of synthetic fertilizers and reduced food imports.
  — Carbon storage in soils and increased agricultural resilience to climate risks.

  
  

  SDG 1️⃣5️⃣ – Life on land :
  — Restoration of 9 hectares of agricultural land into diversified and productive systems.
  — Biodiversity conservation through hedgerows, rotations, agroforestry, and regenerative practices.
  — Preservation and enhancement of local breeds (Creole pork, poultry), adapted to the Caribbean climate and agricultural heritage.

  
  

  SDG 1️⃣7️⃣ – Partnerships for the goals :
  — Collaboration with agricultural research institutes (INRAE, CIRAD, IT2, Guadeloupe agricultural chambers), and local producer & consumer associations (GDA ECO BIO, APECA, APAGWA).

  
  

• bar_chartBusiness model

  Distribution of projected revenue (at full capacity)

  Total revenue targeted at maturity: €1,028,274/year
  (project owner data, not guaranteed).

  
  

  A DIVERSIFIED MODEL THAT SECURES REVENUE AND MAXIMIZES LOCAL VALUE CREATION

  1️⃣Agricultural production :
  — Sale of Label Rouge Creole pigs via Cooporg and IGUAVIE
  — Sale of broiler chickens through secure channels
  — Sale of farm eggs through short supply chains
  — Sale of vegetables, microgreens, and organic bananas to wholesalers (Midi Caraïbe), restaurants, and direct basket schemes

  
  

  2️⃣Processing :
  — Marketing of artisanal Creole pork charcuterie
  — Sale of dried fruits, condiments, and banana flours
  — Ready-to-eat products with higher margins and longer shelf-life

  
  

  3️⃣Training & knowledge transfer :
  — Revenue from practical workshops, training sessions, and professional retraining programs
  — Partnerships with institutions (INRAE, Agricultural High School, CFPPA)
  — Public funding and private tuition fees

  
  

  4️⃣Eco-tourism accommodation :
  — Hosting trainees, volunteers, and visitors
  — Immersive stays and professional seminars
  — Revenue diversification while increasing project visibility

  
  

  DISTRIBUTION CHANNELS: PRIORITY TO SHORT SUPPLY CHAINS

  B2B channels (88%) :
  — Local cooperatives (COOPORE for pork, organic cooperatives for plants)
  — Restaurants and caterers (fresh products, consistent quality, traceability)
  — Organic and local specialty stores
  — Local supermarkets (fresh local product shelves)
  — Occasional regional exports (Saint-Martin, Saint-Barth, Anguilla, Antigua)

  B2C channels (12%) :
  — Direct sales at the farm
  — AMAP (weekly baskets)
  — Farmers’ markets
  — Online shop (planned development)

  
  Diversification of channels limits dependency on any single client or outlet and allows volume adjustments based on demand.
  

  PRICE POSITIONING: ACCESSIBLE QUALITY

  In line with the project’s ethical principles and market studies, certified products (AB, Label Rouge) follow a pricing cap of +30% maximum compared to conventional products, ensuring accessibility while reflecting the true cost of responsible production.

  
  

  A DIVERSIFICATION STRATEGY THAT CREATES A CIRCULAR MODEL

  ❇️The synergies between livestock, market gardening, and processing create a virtuous system, strengthening profitability: effluents reused as fertilizers, co-products reintegrated into feed, rainwater collection, and low-energy equipment.

  ❇️This organization reduces operating costs and increases resilience to climate and market fluctuations.

• panoramaMarket and competitive landscape

  Sustainable agriculture is now emerging as a fast-growing sector, driven by three major dynamics: the rise of responsible consumption, the need to reduce dependence on imported food, and public policies supporting ecological transition.

  
  

  A GUADELOUPEAN MARKET WITH STRONG DEMAND FOR CERTIFIED LOCAL PRODUCTS

  Favorable consumption trends :
  Demand in Guadeloupe for local, fresh, organic, and traceable agricultural products is steadily increasing, supported by several factors:
  — Health concerns: the chlordécone context reinforces expectations for traceability and systematic testing
  — Environmental awareness: reducing carbon footprint and supporting local producers
  — Search for quality: taste, freshness, seasonality, authenticity
  — Growth of organic: +9% certified AB producers in one year in Guadeloupe.

  
  

  Key factors influencing food choices (project owner study) :
  — Clearly identified origin of products
  — Products free from chlordécone contamination (tested soils, outside risk zones)
  — Healthy products beneficial for well-being (organic, no additives)
  — Controlled environmental footprint.

  
  

  MARKET SEGMENTS AND OPPORTUNITIES

  Demand in Guadeloupe for local, fresh, organic, and traceable agricultural products is steadily rising, driven by several factors:
  

  ❇️Plant products: structural deficit in high-value segments :
  The project targets the least supplied categories (microgreens, herb mixes) where demand is strong—especially in food service—and where consistency of local supply is a key issue. Organic certification and ready-to-use packaging are strong differentiators.

  
  

  ❇️Meat: declining pork sector despite strong demand :
  — Label Rouge Creole Pork: premium niche, demand > supply, high value. Main competitor = industrial slatted-floor systems (lower quality, limited animal welfare). Only 24 pig farmers in Guadeloupe, with an average age of 57 → structural deficit ahead.
  — Free-range chicken: more competitive market (well-established local brands like Tikok), but room for a positioning based on quality/traceability/organic.
  — Free-range eggs: rising demand, possible differentiation through organic + local.

  
  

  ❇️Local gluten-free flours: emerging market to structure :
  — High-growth niche (gluten-free diets, valorization of local crops, artisan bakery/pastry)
  — Little to no direct competition
  — Pioneer positioning.

  
  

  ❇️Agrotourism and training: complementary revenue streams :
  Secondary activity but reinforces brand awareness, builds consumer relationships, and diversifies income. Addresses both the local market and tourist flows.

  
  

  REGIONAL EXPORT MARKETS: COMPLEMENTARY OPPORTUNITY

  Neighboring islands with limited agricultural production (Saint-Martin, Saint-Barthélemy, Anguilla, Antigua) represent potential outlets for:
  — Fresh meats (Creole pork, poultry) for high-end food service
  — Processed products (herb mixes, microgreens, flours) with strong added value

  
  Les Jardins de Chayah maintain a premium positioning "Origin Guadeloupe – organic – local breeds", which is highly attractive for tourist and expatriate clientele, despite modest short-term volumes, the need to structure maritime logistics, and the sanitary export regulations to comply with.
  

  LIMITED COMPETITIVE ENVIRONMENT

  In differentiated market segments such as certified Creole pork, organic microgreens, or artisanal processing, few players are currently established on the island.
  Farms able to guarantee consistent volumes and certified quality will benefit from a leading position.

• timelineTraction & Roadmap

  
  

  ❇️Infrastructure and equipment already in place (partially) :
  — Secured 15-hectare site (9 ha agricultural + 6 ha forest)
  — First livestock buildings constructed (pigs, poultry)
  — Greenhouses and irrigation basins operational
  — Processing workshop under development
  — Agrotourism accommodation (bungalows) already operating.

  
  

  ❇️Certifications and approvals obtained :
  — Organic Farming certification (Ecocert) for plant production
  — Label Rouge certification for Creole pork (finalization underway)
  — Registered agricultural operator status.

  
  

  ❇️Active partnerships :
  — Member of GDA Eco Bio Guadeloupe (Christophe = president)
  — R&D partnerships: INRAE (KARIBIOKREYOL, RéVAI, VEDET projects), University of the Antilles, I-NOVA
  — Commercial partnerships: COOPORE (pork cooperative), local organic cooperatives, AMAP
  — Institutional partnerships: Chamber of Agriculture of Guadeloupe, Agricultural High School (training).

  
  

  ❇️First productions sold :
  — Fresh vegetables (AMAP baskets, direct sales)
  — First poultry and pigs marketed
  — Training sessions delivered (agroecology workshops, school visits)
  — Agrotourism overnight stays completed.

  
  

  ❇️Public subsidies secured :
  — FEADER: €2.2M granted (80% of total investment)
  — Other support (ADEME, Perso, etc.): ~€260K
  — Total subsidies: €2.47M = institutional validation of the project.

  
  

  ❇️Bank loan obtained :
  — €800,000 disbursed in March 2025 (36-month term, 2.5% rate)
  — Additional loan of €407,000 planned for January 2026 (84-month term, 3% rate).

• groupTeam

  
  

  Christophe Latchman – Co-founder and technical lead

  
  

  ❇️Background :
  - Trained in agriculture in Guadeloupe and the United States
  - 20 years of experience in tropical organic farming
  - President of GDA Eco Bio Guadeloupe (organic producers’ association)
  - Regular instructor at the Agricultural High School of Guadeloupe
  - Technical advisory missions for the Chamber of Agriculture of Guadeloupe
  - Recognized as a leading expert in organic agriculture on the island

  
  

  ❇️Expertise :
  - Tropical organic market gardening, agroforestry, composting, integrated pest management
  - Breeding of hardy local species (Creole pork, free-range poultry)
  - Agroecological techniques: crop rotation, cover crops, water efficiency
  - Deep knowledge of Guadeloupean soils and adapted varieties

  
  

  ❇️Role at Les Jardins de Chayah :
  - Technical direction: plant production, livestock, agroecological trials
  - Coordination of R&D partnerships (INRAE, University, I-NOVA)
  - Training and knowledge transfer
  - Representation of the project before institutions and agricultural networks

  
  

  Yvelise Latchman – Co-founder and strategic lead

  
  

  ❇️Background :
  - Experience in business management, agroprocessing, and tourism accommodation
  - Expertise in agricultural diversification and product valorization
  - Strong ability to structure processes, optimize costs, and develop new outlets
  - Trained in agriculture in Guadeloupe and the United States

  
  

  ❇️Expertise :
  - Administrative and financial management
  - Commercial development (short supply chains, B2B, B2C)
  - Agroprocessing: packaging, transformation, product innovation
  - Agrotourism: accommodation, events, visitor engagement

  
  

  ❇️Role at Les Jardins de Chayah :
  - General management: strategy, financial oversight, HR, overall coordination
  - Development of processing activities (vegetable workshop, solar dryers)
  - Coordination of the agrotourism and training divisions
  - Commercial relations with B2B clients and community engagement with B2C audiences (AMAP, social networks)

  
  

• euroFinancial elements

  

  ❇️ A controlled growth plan : gradual ramp-up of agricultural and processed volumes to reach nearly €1M in annual revenue by 2027, in a tight and low-competition local market.

  ❇️ Sustainable profitability : diversification across activities (production, processing, services) enabling an operating margin of around 20% as early as 2026, with increased resilience to market fluctuations.

  ❇️ A solid financial structure : strengthened equity and significant public subsidies (ADEME, FEADER, Region, Department) reduce reliance on debt and secure the investment plan.

  ❇️ Rapid cash-generation capacity : positive cash flows expected from the second year of operation, ensuring both long-term stability and comfortable repayment capacity.

• receiptUse of funds

  
  The funds raised will complement FEADER financing (European Agricultural Fund for Rural Development, covering 80%) to accelerate the operational deployment of the farm and secure its growth drivers. They will finance the following strategic areas:
  

  ❇️ Plant production division (37%) : establishment of perennial plantations, irrigation systems, greenhouses and basins, all oriented toward regenerative agriculture and climate-resilient production.
  Acquisition of tractors and equipment to strengthen autonomy and productivity while respecting agroecological principles.
  Agri-food processing : A dedicated unit to upgrade farm outputs (juices, preserves, dried products...), enabling premium positioning and income diversification.

  ❇️ Livestock (31%) : development of an integrated livestock division based on broiler chickens, laying hens and Creole pork, consistent with food autonomy, local production and the enhancement of heritage breeds.

  ❇️ Hangar (17%) : construction of a multifunctional hangar and interior layout for storage, processing and workshops.

  ❇️ Roadworks & utilities (15%) : site access improvements, connection to water and electricity networks to guarantee optimal operations and long-term site accessibility.

• euroThe financing operation

  TERMS OF THE CONVERTIBLE BOND INVESTMENT:

  
  

  REMUNERATION MECHANISM:

  Interest:
  — Fixed annual rate of 6% on outstanding principal
  — Quarterly calculation: each quarter, interest is calculated on remaining principal
  — Quarterly payment starting from month 7 (after a 6-month grace period)

  
  

  Capital repayment:
  — Constant amortization over 18 quarters (from M7 to M60)
  — Each quarter: repayment of a fraction of the initial principal
  — After 5 years: full principal + all interest paid

  
  

  Amortization schedule:
  A detailed quarter-by-quarter amortization schedule will be provided to each investor after subscription. It is also available in the Technical Sheet (appendix to the investment dossier).

  
  

  CONVERSION OPTIONS (OPTIONAL CLAUSE):

  The bonds may be converted into shares of Les Jardins de Chayah under certain conditions:
  — Conversion possible at the initiative of the investor or the company as defined in the bondholders’ agreement
  — Conversion valuation: to be determined according to market conditions and company performance at the time of conversion

  
  Objective: allow investors to benefit from the company’s growth if it exceeds projections and considers a subsequent fundraising round.
  🚨 Conversion remains optional. An investor may choose to remain a bondholder and receive interest + principal repayment according to the standard schedule.
  

  TAXATION (FRENCH TAX RESIDENTS):

  Interest received:
  — Taxable under the progressive income tax scale (investment income category)
  — Or subject to the single flat tax (PFU / “flat tax”) at 30% (12.8% income tax + 17.2% social contributions)
  — The investor chooses the most favorable option when filing taxes

  
  

  Capital gain (if conversion to shares then sale):
  — Taxed at 30% PFU or under the progressive scale, depending on investor’s chosen option

  
  

  IR-PME tax reduction (“Madelin” scheme):
  — Bonds are currently NOT eligible for IR-PME reduction (reserved for equity investments)
  — If converted into shares, eligibility may become possible depending on conditions (company under 7 years old, etc.) – to be verified at the time of conversion

  
  We recommend consulting a tax advisor or accountant for personalized guidance. We Take Part does not provide tax advice.

• gpp_maybeRisks related to the operation

  
  RISKS RELATED TO THE AGRICULTURAL PROJECT:
  

  🔺Climate risk :
  Nature of the risk: Agricultural activities are inherently exposed to climate hazards (drought, heavy rains, cyclones, tropical storms). Guadeloupe, as a tropical island territory, is particularly vulnerable to cyclonic events likely to damage crops and infrastructure.
  Potential impact: Significant yield losses, crop destruction, damaged buildings/equipment, livestock mortality, temporary production shutdown → lower revenue, higher repair costs, cash-flow tensions, risk of delayed or missed bond payments.

  
  

  🔺Sanitary and animal-health risk :
  Nature of the risk: Animal diseases (avian flu, African swine fever, parasitosis), plant diseases (fusarium wilt, black sigatoka, fungal diseases), pests (fruit flies, nematodes).
  Potential impact: Livestock mortality, mandatory culling, loss of crops, sales restrictions, high veterinary or phytosanitary costs → major revenue drop and financial loss.

  
  

  🔺Market and commercial risk :
  Nature of the risk: Difficulty selling production, temporary market saturation, increased competition, falling prices, loss of B2B clients, contract breaches.
  Potential impact: Revenue below projections, unsold stock, waste, cash-flow tensions, inability to meet bond repayments.

  
  

  🔺Operational and management risk :
  Nature of the risk: Complex coordination of multiple activities (market gardening, livestock, processing, agrotourism, training), recruitment challenges, turnover, workplace accidents, equipment breakdowns, construction delays.
  Potential impact: Operational inefficiency, cost overruns, delays in production start-up, quality decline, customer dissatisfaction, internal tension.

  
  

  🔺Regulatory and compliance risk :
  Nature of the risk: Stricter sanitary, environmental or animal-welfare standards, administrative controls, delays in obtaining approvals, disputes with authorities.
  Potential impact: Unexpected compliance costs, fines, temporary sales bans, project delays (e.g., processing workshop not approved), increased administrative burden.

  
  

  🔺Client receivables & payment delay risk :
  Nature of the risk: Late payments from B2B clients (restaurants, cooperatives, supermarkets), non-payment, client bankruptcy.
  Potential impact: Cash-flow stress, increased working capital needs, repayment difficulties.

  
  

  🔺Logistics and supply risk :
  Nature of the risk: Disruptions in transport/stock flows, port strikes (Guadeloupe depends on imports for some inputs: animal feed, spare parts, packaging), supply shortages.
  Potential impact: Delivery delays, increased logistics costs, inability to produce or sell, loss of clients.

  
  RISKS RELATED TO INVESTING IN UNLISTED BONDS:
  

  🔺Capital loss risk :
  Nature of the risk: The invested amount may not be recovered, fully or partially, if Les Jardins de Chayah faces financial difficulties.
  Potential impact: Partial or total loss of the invested capital.

  
  

  🔺Illiquidity risk :
  Nature of the risk: The bonds are unlisted. There is no organized secondary market to resell them.
  Potential impact: Impossibility of recovering one’s capital before maturity (5 years), even in case of urgent need for liquidity.

  
  

  🔺Uncertain valuation risk :
  Nature of the risk: Valuation of unlisted securities is difficult and may vary significantly depending on market conditions and company performance.
  Potential impact: In the event of conversion to shares, the applied valuation may be unfavorable to the investor.

  
  

  🔺Investment horizon risk :
  Nature of the risk: This is a long-term investment (minimum 5 years), requiring capital immobilization.
  Potential impact: Inability to recover funds before maturity, even in case of major personal change.

  
  

  🔺Default or renegotiation risk :
  Nature of the risk: In case of financial stress, the company may request changes to repayment terms (deferral, reduced interest rate, extended duration) or default.
  Potential impact: Loss of interest, longer immobilization period, potential capital loss in case of total default.

  
  GLOBAL RISK-MITIGATION FACTORS:
  Despite the risks listed above, several elements reduce their likelihood or potential impact:
  

  — Financing plan secured at 79% through public subsidies (€2.5M already granted) = strong institutional validation of project viability
  — Diversified business model (4 activity divisions, B2B/B2C mix, multiple productions) = resilience to sector fluctuations
  — Positioning on deficit market segments (Creole pork, microgreens, local flours) where demand exceeds supply = limited direct competition
  — Experienced team (20 years of expertise, institutional recognition, strong professional network)
  — Scientific & technical support (INRAE, University, GDA Eco Bio, Chamber of Agriculture)
  — Certifications and labels (AB, Label Rouge) = strong quality differentiation, secured outlets
  — Forecasted positive cash surplus by 2026 (>€2M) = significant buffer against unforeseen events
  — Increasing self-financing capacity from 2026 onward = autonomous cash-generation

FOR ANY QUESTIONS ABOUT THE PROJECT OR THE INVESTMENT:

We Take Part platform :
— Email: [email protected]
— Website: https://wetakepart.com

Additional documents available upon opening of the fundraising campaign:
— Key Investor Information Document (FICI)
— Full business plan (access reserved for qualified investors)
— Bylaws of Les Jardins de Chayah
— Bondholders’ agreement
— Detailed amortization schedule
— Full ESG report (Valuteco methodology)
— Impact commitment clause