Combined Vegetable Farm 3
Kurigram, Lalmonirhat, Jessore, Bogra, Bhola, Bagerhat
|Variety||Cucumber, Bitter Gourd , Bottle Gourd,Pointed Gourd, Tomato,Radish,Chili,Eggplant|
|Location||Kurigram, Lalmonirhat, Jessore, Bogra, Bhola, Bagerhat|
|Duration||12 months/365 days|
Vegetable production has more than doubled in just over a decade, making Bangladesh one of the fastest-growing vegetable producers in the world. The growth in recent years stems from better seeds and technologies. According to officials at the Department of Agricultural Extension (DoAE), some 26,230,927 tons of vegetables were produced in 2017-18 fiscal year from 1,169,326 hectares of land, while 19,396,755 tons in 2013-2014 fiscal year from 968,827 hectares.
Over the span of a year, a typical vegetable farmer cultivates their field thrice - in the three agricultural seasons of Robi, Kharif 1 and Kharif 2. In context of this farm, the farmer intends to cultivate Potato in Rabi season, Bitter Gourd in Kharif 1 and Radish in Kharif 2. Such that, the farmer intends to take an investment of BDT 40,000 to cultivate on a land of 20 decimal, for a year. The money will be recycled by the farmer for the three cultivating seasons.
Potato is a prime vegetable in our diet, grown in the Northern regions of Bangladesh. Meanwhile, Bitter Gourd stands out as a major cash crop for farmers. Adding to that, the reliable growth of Radish due to the advent of hybrid seed in the market, made it a safe farming option. Thus, the portfolio can be called a rather ‘risk averse’ investment opportunity. For people who are interested in the Radish, they can purchase a unit value of BDT 40,000. The financing period is 12 months or 365 days with a return of 16% which will be distributed annually.
How It Works
|Months||Net Profit||Return on funding|
What should be my expectations from my vegetable farm units?
iFarmer purchases the production from the farm on behalf of the ‘buyer’ in the designated farm in advance and ensures proper management against risk and also provides a 360-degree regulatory service for the farm.
On completion of your buy payment, you will be allocated with total production of one farm, based on the availability in the project location and issued an ownership certificate bearing your name and the unique number of the share only for one production cycle.
Afterwards, iFarmer will work as your portfolio manager for a fixed time period, and before the contract period ends you will receive your basic buy along with the offered dividend.
For people who are interested in vegetable cultivation, they can purchase a unit value of BDT 40,000. The financing period is 1 year or 365 days with a return of 16% which will be distributed annually.
What iFarmer offers as my Portfolio Manager?
Team iFarmer connects the farmers to the local and national market to sell the production of your farm for better price and ensures proper management against risk and provides a 360-degree regulatory service for the farm.
What happens if my unit fails to provide the return?
iFarmer has a team combined with agriculture production, aquaculture, livestock, agriculture supply chain, and relevant industry experts who carefully select each farmer and are dedicated to addressing any unavoidable circumstances within their best capacity during the production tenure. iFarmer team works relentlessly to reduce the market risk (production quality, market access, price volatility).
However, for any such incidents which fall under the clauses of Force Majeures (ie. including but not restricted to acts of God, acts or omissions of any government, or agency thereof, rebellion, insurrection, riot, sabotage, invasion, quarantine, restrictions, strike, lockout, and transportation embargoes), iFarmer will give written notice to the customer for its inability to perform.
What will be the mode of payment and how are you going to disburse it?
On completion of the cycle, you will receive your principal amount and dividend in your designated bank account shared in your iFarmer profile.
Is the return amount variable?
For our Vegetable Farm, we are offering a projected return to our funders.
How many units can a person buy?
One person can buy a maximum of 5 units under his or her name.
Can anyone buy vegetable units from outside Bangladesh?
Yes, only the personnel having a bank account in Bangladesh can fund.
How does my vegetable unit's value increase over time?
We purchase the production of each farm before the products are market-ready, with the help of our expert team we collect the produce when it’s ready and sell it to our B2B partners to ensure the buyer a better earning.
Can I visit the farm?
Yes, you can. You only need to inform us in advance to ensure that you get the best welcome possible. For details, please check: https://www.ifarmer.asia/en/terms_of_services
What are the benefits of being with iFarmer?
There are many benefits, but here are the mentionable ones:
1. You are contributing to food security by helping a farmer.
2. You become an “Urban Farmer” and everyone enjoys your product regardless of local and world politics.
3. You are creating jobs where they are needed the most.
4. You make a good earning on your money whilst enjoying all of the above benefits.
Not convinced yet?
Team iFarmer understands the value of your time, faith and money. Our team continuously appraises your funding for something much greater than monetary return.
Refund your Funding
iFarmer allows you to take back your funding within 1 week with 100% refund.
iFarmer team consists of sector experts with professional experience working in various high valued national and international projects.
Certificate of Ownership
Each funder will be provided with a Certificate of Ownership Farm (COF), which also explains the ownership of the unit with complete details.
Calling Hours : Sat -Thurs, 10am-6pm
Singapore Address : 20A Tanjong Pagar Road, Singapore (088443)
Bangladesh Address: House - 8E, Road - 81, Gulshan 2, Dhaka 1212
Visiting Hours : Sun-Thurs,(appointment basis)