Introduction

Camino Kombucha is a start-up kombucha brewery based in the Kensington neighborhood of Philadelphia. We aim to bring you craft kombucha that is fun, accessible, and consistently delicious.

In order to make our product as available to you as possible, we are looking to borrow up to $53,300 at 8.00% interest over 36 months. These funds will go to working capital, paying new and existing employees, purchasing equipment (including brite tanks, glycol chillers, and a walk-in cooler), and finalizing our brand identity with Little Giant Creative. Anyone who is over 18 years old can invest.

Nohra Murad, owner and founder (right) and Tatijana Taylor-Fehlinger, operations coordinator (left)


About Camino Kombucha

Camino Kombucha was founded by me, Nohra, during my junior year at Drexel University in Philadelphia. I started brewing kombucha while working 6-month co-op in Washington D.C., when I would come back to Philadelphia for the weekend and refine my recipe. After sharing my kombucha friends and getting great feedback, I realized that they raved so much about mine because they were either too scared to try kombucha on their own or had one bad experience with it and called it quits. I saw the potential for kombucha to more than the niche health drink it is now, and within a month, I started Camino Kombucha.

We currently distribute our kombucha ourselves to a handful of businesses in the Philly area. We operate our production facility as we would a beer brewery, looking to establish best practices and promote kombucha as a great feel-good beverage for anytime drinking. Camino is about fostering relationships with our retail customers and our business clients alike and highlighting the best that the Philadelphia community has to offer.


Camino Kombucha's flavor line-up.


Camino Kombucha expects to become profitable beginning in March 2020, or at the start of our first major season. We will be promoting our business through local networks and farmer's markets until we can afford to expand from nanobrewing to microbrewing volume. During 2021, we plan to expand as a large-scale business that employs a brewmaster, brewing staff, sales staff, and delivery staff to bring our kombucha beyond the Philadelphia area.



Fast Facts

  • Women-owned kombucha microbrewer
  • Looking to purchase brewing equipment to scale operations and meet current demand
  • Secured by blanket-lien on assets of the business
  • 8.00% interest with strong personal guaranty from owner and family

The Project

To date, our brand and brewery has been completely self-funded by the owner, Nohra Murad, with help from an additional $6,000 Kiva loan. While we managed to bootstrap both Camino’s look and production, we need your help to keep our brewery operating until we become profitable in March 2020.

Today, Camino Kombucha operates out of a 2400-square-foot brewing space in Kensington in Philadelphia, where we brew at a weekly capacity of 1 BBL (~31 gallons, or about 330 bottles). We have the inventory needed to brew our kombucha, but making sure we can pay our rent, utilities, and construction debt requires a reliable stream of capital. I also currently work without pay and have been since Camino was founded: my priority is paying my team an employee’s salary for their hard work, even if it may come at the expense of my own wages for now. With the addition of our salesperson, we can also work on getting our kombucha even closer to you!


 


Projections

Camino Kombucha expects to become profitable beginning in March 2020, or at the start of our first major season. During the fall/winter 2019-2020, we expect slow but steady wholesale growth directly to businesses in the Philadelphia area. In March 2020 - the beginning of kombucha season - we expect our sales to begin growing rapidly both to businesses and direct to consumers at through presence at farmer's markets, festivals, and special events. Our major expenses are primarily our basic operating costs (rent, utilities, wages, and the costs of our construction build-out, which we pay monthly) as well as paying for our branding from Little Giant Creative and purchasing much needed equipment as we expand our production.

 

Our black and green tea blend steeping to make tea.


About the Team

Nohra and Tatijana in front of our 130-gallon brewing barrel.

The Camino Kombucha team is committed to brewing affordable, high-quality kombucha for anytime, anywhere drinking. We are enthusiastic about building relationships throughout Philadelphia and eventually beyond to promote kombucha as a viable craft beverage option.

Camino Kombucha is owned by Nohra Murad, who founded Camino Kombucha while working on her bachelors and masters degrees in biomedical engineering at Drexel University. She graduated in spring of 2019 and has experience in research, defense contracting, and the nonprofit space. Our operations coordinator is Tatijana Taylor-Fehlinger, who brings her experience in public health and marketing for the Children's Hospital of Philadelphia to bringing kombucha to the masses. Upon the approval of our loan, we will be bringing on Kat Stein as our sales manager, who has experience in helping build and manage Bald Birds Brewing in Audubon, PA, to extend the reach of our brand.

As a women-owned business, we intend to empower women by promoting women in brewing culture and by hiring and training Philadelphia women for our team whenever we can.


Deal Summary

Issuer

 Camino Kombucha Co.

Security Type

 Secured Loan

Loan Purpose

 Purchase of equipment and other startup costs

Offering Amount

 $37,800 - $53,300

Interest Rate

 8.00%

Payments

 Monthly, Disbursed to Investors Quarterly

Maturity

 36 months, 6 months interest only followed by 30 months fully amortizing   

Personal Guaranty  

 Nohra Murad and Sharlet Murad

Security Interest

 Blanket lien on assets of business

 


Your Earnings Potential

If you choose to invest, you will make a one-time investment via ACH that will be transferred to a secure escrow account. If the campaign successfully reaches its target, the funds will be distributed to Camino Kombucha Co.

For more information on the mechanics of Honeycomb’s crowd investing platform, please review our Education Materials.

Investment Amount One-Time Fee Potential Quarterly Returns* (Interest Only Period) Potential Quarterly Returns* (Amortizing Period) Potential Total Repayment*
$100 $2.85 $2.00 $11.07 $114.66
$500 $14.25 $10.00 $55.33 $573.32
$1,000 $28.50 $20.00 $110.66 $1,146.65
$5,000 $37.25 $100.00 $553.32 $5,733.25

*Individual payments may vary slightly based on rounding. Potential repayments include principal and interest, they do not include the one-time fee which is assessed when you make your investment. These amounts are calculated as a fully amortizing loan: principal and interest are paid down starting with the first payment. There are no prepayment penalties and Camino Kombucha Co. may pay down their loan early which may impact your earnings potential. Please note, returns are not guaranteed and investors could lose some or all of their investment.

Your ongoing responsibilities from investing are very limited. Each year over the life of the loan you will receive a 1099-INT, this is a simple tax document similar to what you receive for most savings accounts.

Camino Kombucha Co. pays as agreed, you will receive quarterly payments directly into your bank account. In the event of a default, you will be contacted by the Administrative Agent to manage the collections process on investors' behalf.

 


How Honeycomb is Compensated

Honeycomb charges Camino Kombucha Co. a $250 posting fee and a 6.0% - 7.0% loan origination fee on the total amount funded.

Total Amount Raised Origination Fee
$37,800 - $49,999 7.0%
$50K + 6.0%

 

Additionally, to cover expenses associated with each investment, Honeycomb charges a 2.85% investment fee capped at $37.25 per investor.

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