Rajshahi Lychee Farm - 1
The lychee (Litchi chinensis Sonn.) belongs to the family Sapindaceae and sub-family Nepheleae. It is one of the most important sub-tropical evergreen fruit trees which grow well in Bangladesh. Another member of the sub-family ‘Anshphal’ (Euphoria longana Lam.) also grows in Bangladesh, mostly in backyards. It bears longan type but small-sized fruits of little commercial value.
Lychee is a highly-priced, popular and major table fruit in Bangladesh. It comes to the market in the months of May-June when the market is full of other fresh fruits, particularly mango and jackfruit. But despite the availability of different types of fruit in the market, the demand for fresh lychee is always very high due to its unique taste, flavour and colour. The supply of lychee is insufficient and its availability is only for about 60 days. The average per hectare yield of lychee is about 2.5 MT, which is also low in comparison to other countries.
How It Works
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What should be my expectations from my Lychee Farm unit?
Team iFarmer purchases the production of one tree on behalf of the ‘Funder’ in the designated farm in advance and ensures proper management against risk also provides a 360-degree regulatory service for the farm.
On completion of your fund payment, you will be allocated with total production of one tree, based on the availability in the project location and issued an ownership certificate bearing your name and the unique number of the tree only for one production cycle.
Afterwards, iFarmer will work as your portfolio manager for a fixed time period, and before the contract, the period ends you will receive your basic fund along with the offered dividend.
What iFarmer offers as my Portfolio Manager?
Team iFarmer purchases the production of one tree on behalf of you in the designated farm in advance ensures proper management against risk and provides a 360-degree regulatory service for the farm.
What happens if my tree fails to provide the return?
iFarmer has a team combined with agricultural, livestock and relevant industry experts who carefully select each tree and dedicated to counter any unavoidable circumstances within their best capacity. However, if the ecosystem goes beyond our control iFarmer will give back your basic fund along with the offered dividend before the due date.
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 fixed? or can that vary?
For our Mango/Litchi Farm we are offering a fixed return to our funders.
How many units can a person buy?
One person can buy a maximum of 10 units under his or her name.
Can anyone buy a Lychee unit from outside Bangladesh?
Yes, only the personnel having a bank account in Bangladesh can fund.
How does my Lychee unit value increase over time?
We purchase the production of each tree before the fruits are market-ready, with the help of our expert team we collect the fruits when it’s ready and sell it to our B2B partners to ensure the funder a better return.
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.
What are the benefits of being with iFarmer?
There are many benefits but here are the mentionable ones:
1. The joy of owning your farm.
2. You are contributing to food security by funding in agriculture.
3. You become an “Urban Farmer” and everyone enjoys your product regardless of local and world politics.
4. You are creating jobs where they are needed the most.
5. You make a good return 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.