CALI, Colombia, May 10, 2017 /PRNewswire/ -- Inca Worldwide (Pink Sheets: QEDN) has finalized a loan with El Banco Agrario to finance the growth and production of 2,300 hectares. The financing secures the relationship with three independent AfroColombian farming groups. The total financing is for $13,000,000 USD and the bank has agreed to increase the financing as needed by the company. Kate Bahnsen, states, " We now have secured all the financing we need for our company, our farmers, and our manufacturing. The bank will assist us in growing our production. But most importantly will support us as we move closer to approval for USAid." The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
To read more about https://www.bancoagrario.gov.co/Paginas/default.aspx
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About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN. Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants. Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant. A real Super-food. Sold to private brands and our own brand Inca Snacks.
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Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about our announced plan to reduce the size of our financial services businesses, including expected cash and non-cash charges associated with this plan and earnings per share of QED retained businesses (Verticals); expected income; earnings per share; revenues; organic growth; growth and productivity associated with our Digital business; margins; cost structure; restructuring charges; acquisition-related synergies; cash flows; returns on capital and investment; capital expenditures, capital allocation or capital structure; and dividends.
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SOURCE Inca Worldwide