1) Depositor Details


  • Entity:


  • Contact:

    Chithumba Model
  • Physical Address:

    Lilongwe
  • Postal Address:

    P.O.BOx 40139
  • Tel:

    265999917164
  • Fax:


  • Email:

    client@aceafrica.org
  • Proceeds Assignment:



2) Warehouse details


  • Warehouse Name:

    Mgwirizano Farmer Organisation
  • Warehouse Manager:

    Ozious K. Nkhuzenje
  • Warehouse Operator:

    Mgwirizano Farmer Organisation
  • Warehouse Number:

    MgwirizanoWH
  • Location:

    LILONGWE
  • Fax:


  • Email:

    Onkhuzenje@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Beans
  • Variety:

    Soya
  • Grade:

    ACE1
  • Crop Year

    2018
  • Quantity:

    3.87  MT
  • Total Draw Down:

    0 MT
  • Volume at Current Moisture:

    3.87 MT at 11.50 %
  • Volume loss at current Moisture:

    0.00 MT
  • Volume at Standard Moisture:

    3.81 MT

4) Storage Cost as of  24 Sep 2018


Cost codeCost (MWK)
Fixed Handling9,288.48
Bags and Bagging23,608.22
Daily Storage Fee24,384.88
Total57,281.58

Storage settled till : 24/09/2018
Amount Financed :
Final Settlement Till Date : 0
Accumulated Interest Till Date : 0
Placement : Owner

5) This Warehouse Receipt is subject to the terms and conditions stipulated in:

  • The ACE Warehouse Receipt Rules
  • The parties acknowledge themselves to be familiar with and to be bound by the defaults terms and conditions if applicable as stipulated generally by the Regulations of ACE.
  • ACE Arbitration Rules - Any dispute arising under this or in relation to this Warehouse Receipt shall be submitted to Arbitration in terms of regulation 38 of the regulations of ACE.

6) Audit Trail

DateDescriptionOwnerVolume(MT)
07/06/2018WHR CreatedChithumba Model3.55
05/07/2018Additional VolumeChithumba Model0.14
19/07/2018Additional VolumeChithumba Model0.18
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204