Summer Bull Farm
|Average Weight||110-120 KG|
|Sourced From||Local Cattle Market|
|Growth Timeline||Approx. 06 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 Jessore 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.
For people who are interested to be part of this farm, the value of per unit would be BDT 80,000, the unit price included the purchase of a Bull, provide vaccination, ensure feed cost and supervision for 6 months or 182 days with the safety of Cattle insurance being embedded and yield a projected fixed return of 7% which will be distributed at maturity.
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, the period ends you will receive your basic fund along with a dividend.
What iFarmer offers as my Livestock Portfolio Manager?
Team iFarmer purchases the cow for you, bears the cost of management, provides insurance for death or loss, maintains the farm, grass - which is the food for the cow, supplementary feed and, medicine and vaccinations.
What happens if my Bull 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. However, for this farm, the insurance will be embedded (Included in the price) with it.
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 4 cows or on shares worth a maximum of BDT 3,20,000.
Can anyone fund from outside Bangladesh?
Yes, but the funder needs to have a valid bank account in Bangladesh.
Does the price of cow 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 cow 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 cow over time as well as the general appreciation in the price of beef. This is why the cow 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:
You are contributing to food security by funding in agriculture.
The cows eat grass and grow regardless of local and world politics.
You are creating jobs where they are needed the most.
You make a good return on your money whilst enjoying all 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 cow with complete details.