is a subscriber focused Agricultural company that empowers farmers by providing them with the required capital and inputs using funds raised from the investing public. Farmagric is making ground breaking moves in the Agri-tech world by building capacity of rural farmers, providing funds for smallholder farmers and also creating investment opportunities for the public.
Africa and Nigeria is a farm lover’s dream; abundant uncultivated arable land which is roughly over half the global total, tropical climates that permit long growing seasons, a young labor force and an expanding population that provides a readily available market for produce consumption. We as a country are yet to harness these opportunities to ensure sustainable food security and food production.
With Farmagric, investors can earn as much as 30% return on investments per cycle which typically run for 6 – 10 months depending on crop/livestock type. Their model has a two-pronged effect as it avails farmers access to the much needed funding and offers investors good returns.
Farmagric is set to also launch its Foundation Programme for agriculture soon, this Foundation will be used for Trainings. Youths interested in agriculture are discouraged by the difficulties in accessing funds or land, reliance on manual technology in smallholder agriculture, all compounded by the low and volatile profits.