Shrimp Farm - 1
|Breed||Black Tiger/Giant Fresh Water Prawn/Monsoon River Prawn|
|Average Weight||Approx. 200/320 grams|
|Sourced From||Local Hatchery|
|Growth Timeline||Approx. 6 months from the date of purchase|
Shrimp farming has a significant contribution to the economy of Bangladesh. The southwest coastal area is more prominent for commercial shrimp farming due to its auspicious environment, higher economic returns, nutrition value and for employment opportunity. Shrimp farming is one of the major parts of the aquaculture sector. It has been recognized as a part of Blue Revolution for the geographic features of southwest coastal area.
Bangladesh is one of the world’s largest producers of black tiger shrimp. Bangladesh has shrimp farms scattered across Satkhira, Khulna, Bagerhat, Cox’s Bazaar, Chittagong, Barguna, and Bhola. Shrimp farming has a huge potential for Bangladesh to earn more foreign revenue and contribute to our GDP. The global shrimp market is forecasted to grow to $67 bn by the end of 2027 at a CAGR (Compound Annual Growth Rate) of 5.6%.
Noticing that, we are introducing an exclusive Shrimp farm through which our funders will be receiving 7.25% profit and actual funding amount after a period of 6 Months.
For people who are interested to be part of this farm, they can purchase a value per unit of BDT 25,000 or equivalent to 35 kg of Black Tiger / Gaint Fresh Water Prawn / Monsoon River Prawn. The duration of the project is 6 months with a projected profit sharing of 7.25% which will be distributed at maturity.
The funder will be receiving a yielded return after 6 months (180 days), and at the end of the investment tenure, the funder will receive profit and actual funding amount.
How It Works
|Months||Net Profit||Return on funding|
What should be my expectations from my shrimp farm unit?
Team iFarmer purchases the production from the farm on behalf of the ‘Funder’ 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 fund 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 fund along with the offered dividend.
What iFarmer offers as my Portfolio Manager?
Team iFarmer purchases the production from the farm on behalf of you in the designated farm in advance and ensures proper management against risk and provides a 360-degree regulatory service for the farm.
What happens if my units fails to provide the return?
iFarmer has a team combined with agricultural, livestock and relevant industry experts who carefully select each farmer 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 Shrimp Farm we are offering a fixed return to our funders.
How many units can a person buy?
One person can buy a maximum of 3 units under his or her name.
Can anyone buy a unit of Shrimp from outside Bangladesh?
Yes, only the personnel having a bank account in Bangladesh can fund.
How does my shrimp unit value increase over time?
We purchase the production of each farm before the produces are market-ready, with the help of our expert team we collect the shrimps 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. You are contributing to food security by funding in agriculture.
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 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.