Bull Farm - 1
|Average Weight||100-120 KG|
|Sourced From||Local Cattle Market|
|Growth Timeline||Approx. 11 months from the date of purchase|
The total production of meat stands at 4.52 million MT nationally in 2014 against the demand for 6.73 million MT. The standard meat consumption should be 120 gm/day whereas the average intake is 80 gm/day only.
Our farmers in the Lalmonirhat region are expert cattle farmers. They are provided with skill-enhancing training by our very own sector experts to further improve their cattle farming ability and knowledge.
These are individual farmers who look after our funder’s cattle according to their capacity. Our goal is to develop these farmer’s capacities and convert them from small entrepreneurs to small enterprises.
Our expert team of professionals carefully select calves based on their ability to gain weight when fed a certain quantity of grass.
How It Works
|Months||Net Profit||Return on funding|
What should be my expectation from Livestock Funding?
On completion of your funding, you will be allocated a calf and issued an ownership certificate bearing your name and the unique number of your calf on a specific farm. Then iFarmer will work as your livestock portfolio manager for a fixed time period, and before the contract period ends you will receive your basic fund along with dividend.
What iFarmer offers as my Livestock Portfolio Manager?
Team iFarmer purchases the bull for you, bears the cost of management, provides insurance for death or loss, maintains the farm, grass - which is the food for the bulls, supplementary feed and, medicine and vaccinations.
What happens if my cattle dies/is stolen/farm destroyed?
iFarmer has a team combined with agricultural, livestock and relevant industry experts who are dedicated to counter any unavoidable circumstances within their best capacity. However, if the ecosystem goes beyond our control we will deliver relevant supporting documents (such-postmortem report) to justify your loss. We strongly advise our funders to should insure their farm when they select and pay the farm funds. We have currently partnered with the country's leading insurance company Green Delta Insurance Company (GDIC).
What will be the mode of payment and how are you going to disburse it?
Once the life cycle ends you will receive your basic fund amount and dividend in your designated bank account.
Is the return amount fixed? Or can that vary?
No, it’s a fixed return we are offering to our funders.
How many cows can a person buy?
One person can buy a maximum of 5 bulls or on shares worth maximum BDT 2,75,000.
Can anyone fund from outside Bangladesh?
Yes, but the funder needs to have a valid bank account in Bangladesh.
Does the price of bull increase over time?
Yes. The price of beef today is double what it was five to seven years ago. It is, therefore, safe to forecast that the value of your bulls will also grow in the same measure over the next few years. Your fund also grows with the growth of the physical weight of the bull over time as well as the general appreciation in the price of beef. This is why the bull is a great store of wealth.
Can I visit the farm/ farmer managing my bull?
Yes you may. You only have to inform us in advance to ensure that you get the best welcome possible.
What are the benefits of funding in iFarmer?
There are many benefits but here are the mentionable ones:
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 bull with complete details.