Private Placement, Impact Investment
A biodynamic eco-resort and agrotourism destination on the shores of Lac Al Wahda, Morocco, validated by the Centre Régional d'Investissement Fès-Meknès.
Morocco's rural interior is one of the last places where biodynamic farming, authentic culture, and unspoiled landscape still converge. Jardin des Sens is the infrastructure to turn that convergence into a lasting enterprise, structured as a private placement for qualified investors.
Situated on the eastern bank of Lac Al Wahda, the largest reservoir in Africa, the 10 509 m² parcel occupies a position of exceptional natural and strategic value. The province of Taounate, with 612 000 inhabitants and an agricultural heritage spanning centuries, is a region defined by medicinal plants, olive groves, and a diaspora deeply invested in its future.
Aerial view of Ouartzagh, Lac Al Wahda
The lake at sunset, the resort's direct frontage
The project was selected through a formal competitive tender process administered by the Centre Régional d'Investissement de Fès-Meknès. Annexe 3 of the investment convention was signed April 2026, committing to the programme described in this document.
Jardin des Sens is conceived as a maison d'hôtes and agrotourism destination that earns its position through the quality of the land, the integrity of its farming practices, and a genuine integration with the Ouartzagh community. Every element, from the herb garden to the artisan workshops, generates both revenue and measurable social return.
Site plan, 10 509 m² including biodynamic garden, maison d'hôtes, ateliers, and community spaces
Boutique eco-lodge accommodation for national and international visitors, positioned at the intersection of biodynamic agrotourism and authentic Moroccan rural culture. Direct lake access.
A working herb and medicinal plant garden forming the sensory heart of the resort. Anchors the artisan plant processing supply chain and provides immersive guest programming.
A dedicated seed bank and propagation atelier safeguarding native Moroccan varieties of medicinal, aromatic, and food plants. Seed sovereignty is the foundation of any biodynamic operation: it secures the supply chain against commodity dependency, protects genetic heritage that industrial agriculture erodes, and gives the project a durable strategic asset. Seeds cultivated on site feed the biodynamic garden, supply artisan partners, and anchor the programme's long-term ecological and commercial defensibility.
Early childhood education facility for the Ouartzagh community, forming part of the signed CRI investment commitments. Directly embedded in the project's social licence to operate.
Jardin des Sens is located in one of Morocco's most underserved agricultural provinces. The project is designed from the ground up to deliver measurable, durable impact alongside financial return.
Permanent local jobs, farming, hospitality, craft, childcare, in a commune where formal employment is scarce. Committed in the CRI investment convention.
Dedicated workshops for female economic participation: plant processing and artisan production. Long-term leases secure the income floor independently of tourism revenue.
Medicinal plant harvest, Ouartzagh, Taounate Province
Homeland Morocco, community and supply chain partner
Jardin des Sens benefits from a network of institutional and operational partners who bring domain expertise, supply chain relationships, and community legitimacy to the project from day one.
Ouartzagh, commune at the shore of Lac Al Wahda. The project site is adjacent to the village, ensuring direct community integration.
In 1886, Julius Maggi looked at the Emmental valley in Switzerland and saw something others overlooked: a rural population suffering from poverty and malnutrition, and an opportunity to change that through a commercial product. His invention, the soluble legume soup, was not designed to be charitable. It was designed to be viable, repeatable, and transformative. The enterprise and the impact were inseparable.
"The province of Taounate has 612,000 inhabitants, a heritage of medicinal plants, and a diaspora that wants to invest in its future. It has no infrastructure that captures that value. Jardin des Sens is that infrastructure."
Positive net result from N+3. First dividend distribution from N+4. Stable base of approx. 38,000 USD in secured lease revenues from year one. Voluntary exit window from year 5. A 12-year financial model validated by Bank of Africa.
30 permanent local jobs in a commune where formal employment is scarce. Three ateliers anchoring female economic participation. A kindergarten embedded in the CRI investment commitments. Biodynamic farming that preserves the land and its biodiversity for the next generation.
Julius Maggi (1846, 1912) , Burgdorf, Switzerland
Burgdorf, Emmental region, where Maggi identified a rural opportunity in 1886
Maggi did not choose between profit and purpose. He understood that durable enterprise in an underserved region requires both to be built simultaneously. A business that extracts without returning loses its social licence. A project that gives without generating revenue does not last. Jardin des Sens is designed on this same principle: the financial return and the social return are structurally linked, not competing.
The financial model is structured around two distinct revenue layers: a contractually secured base from long-term atelier leases (approx. 38,000 USD/year, paid annually in advance with three-month deposit), and variable tourism revenues that grow progressively as the resort reaches operating maturity. Positive net result is projected from Year 3 of operation.
| Source | USD / Year |
|---|---|
| Atelier Homeland Morocco | ~12,000 |
| Co-Working Space | ~15,000 |
| Stable Lease Base (secured) | ~38,000 |
| Tourism, Accommodation | Variable |
| Tourism, Activities & F&B | Variable |
| Milestone | Year |
|---|---|
| Construction completion | N+1 |
| Operational launch | N+2 |
| Positive net result | N+3 |
| First dividend distribution | N+4 |
| Positive cashflow after debt service | N+5 |
| Voluntary exit window opens | N+5 |
| Year | Revenue (USD) | Net Result (USD) | Status |
|---|---|---|---|
| N+1 (Construction) | ~38,000 | , | Build phase |
| N+2 (Launch) | ~85,000 USD | Ramp-up | Opening year |
| N+3 | ~140,000 USD | Breakeven+ | Positive result |
| N+4 (2028) | ~210,000 USD | ~265,000 USD | First dividends |
| N+5 | ~280,000 USD | Positive CF | Full maturity |
Financial projections are based on a 12-year model available in full upon request. Tourism revenue is based on conservative occupancy assumptions.
Morocco co-hosts the FIFA World Cup 2030 with Spain and Portugal, with Fès confirmed among the host city cluster roughly 90 minutes from the site. National infrastructure spend on roads, airport capacity, and hospitality standards is already underway across the Fès-Meknès region, structurally lifting inbound tourism to the Moroccan interior. The project's N+4 first-dividend year (2028) coincides with the pre-tournament tourism ramp, and N+5 to N+6 operations align with the event and its immediate afterglow. A durable macro tailwind on top of a model that already stands on secured lease revenues and biodynamic positioning.
The project is structured as a Société Anonyme (SA) incorporated under Moroccan law, with Humanity Agriculture SARL AU as founding shareholder via apport en nature. The offering is a private placement to a maximum of 10 qualified investors.
Shareholders are invited to experience the project they helped build. Each investor tier includes an annual allowance of nights at Jardin des Sens, extending to family and friends. This is recognition and connection, not a financial return component.
Terms. Valid from operational launch (N+2), for the duration of the shareholder's participation. Subject to availability, with booking windows of 60 days ahead in high season and 30 days off-season. Includes accommodation and breakfast; on-site activities, F&B, and treatments available at member rate. Standard maison d'hôtes room; upgrades subject to availability at member rate. The perk is attached to the shareholder and cannot be resold or monetised.
Humanity Agriculture SARL AU provides development and operational management via separate service agreements, independent of share capital.
Of total construction cost. Payable on completion. Covers project management, CRI coordination, and technical oversight during the build phase.
Of annual turnover. Covers day-to-day resort management, staffing, and supplier relations from operational launch.
Of net profit above an 8% IRR hurdle. Aligns founder incentives with investor return, no carry below the hurdle rate.
📋 Reporting. Half-yearly investor updates. Annual Assemblée Générale. Full financial statements per Moroccan GAAP.
Jardin des Sens is a private placement for a maximum of 10 qualified investors. The full financial model, CRI documentation, and Letters of Intent are available upon request under a mutual NDA.
Mohammed Blal
Directeur, Humanity Agriculture SARL AU