Rice Paddy Aggregation Investment Plan (R.P.A.I.P. 1.0.) - 10 months

₦50,000 per unit


36%

return on investment
in 10 months/302 days

409

available units


Investment amount Interest Expected Returns
50000.00 18000.00 68000.00

Additional Information

Investment Overview:

Have you heard about the Adesina’s Model of Paddy Aggregation? It is simply explained as ‘creation of paddy aggregation and storage centers’’, of course, that is the simplest outlook on the model. The model was launched in 2013 by Adesina in collaboration with USAID, today 2020; a 50kg bag of rice grown, processed, and packaged in Nigeria is being sold at an average price of N23,000.

The reason for this is not far-fetched, as despite the increase in millers’ capacity to mill; the farmers’ capabilities to produce paddy has drastically reduced due to various factors ranging from insecurity, flooding to the COVID-19 pandemic. Little effort is needed to understand that large volumes of rice were shared as palliatives during the lockdown.

This means that millers face risks of not having enough raw materials for which their mills need to run on in coming months. That is why FarmFunded is committed to actively aggregating paddy at responsible rates to protect farmers, millers, and final consumers.

The aim is to ensure that players across the value chain gets a safe margin of profit without resulting to unbearable hike in price of the final products. Over the period of our involvement in paddy processing and rice distribution. We have identified flashpoints in terms of large volume of trades across Nigeria.

Our goal is to use the Adesina’s Model to ensure that our both mills situated in Kano has a steady supply of paddy to keep them in operation for a period of one full year, and also to ensure unpalatable hoarding of paddy by financial analysts in the commodity trading space is avoided.

FarmFunded’s Rice Paddy Aggregation Investment Plan (R.P.A.I.P. 1.0.) will allow us to create centers around Nigeria, where paddy will be bought from farmers, kept, and prepared for hauling to the mills. At every stage of the paddy aggregation program; there will be insurance cover to indemnify our investors from any potential hazard to their interest.

Value will be added to this paddy in our processing factory and be sold at a premium price, so also we are open to ease the sector from the pressure which it will experience at the time of scarcity by selling to processors.

The plan will necessitate the need for the following value-chain stakeholders working with FarmFunded:

1.       Agro-Commodity analysts

2.       Aggregators.

3.       Haulers.

4.       Safety and Preservation Experts.

5.       Store Keepers.

6.       Warehouses (Paddy Aggregation Centers).

7.       Insurance Agents 

Investment Details:

Unit Price: NGN50,000;

Returns on Investment: 36%;

Duration: 10 months.

Location: Kano State, Nigeria.

Frequently Asked Questions


1. It allows you to collaboratively work with farmers and FarmFunded to achieve food security.
2. Allows you grow your food and funds sustainably
3. Scale-up the number of farmers that will be producing food consequently resulting in food sufficiency.
4. Contribute to the reduction of the unemployable youths in the country who will be gainfully employed by farmers.
5. Have food products delivered to you at the end of the farmcycle (Terms & Conditions applies).

Yes, all farms presently receiving fund support from FarmFunded are being insured by leading insurance organisations such as Leadway Assurance Company Limited and the Nigerian Agricultural Insurance Corporation

Returns are earned on the farm funded upon the completion of the farming period(farmcycle), after the farm produces are being sold and funds received, initial funds with accruing returns will be paid to the investors.

When you fund a farm, your funds are aggregated and channeled appropriately to the farms that you have indicated interest to fund.

Usually after funding the farms, you get monthly updates to the email address adequately provided upon proving your details on the login dashboard.