Crowdfunding in Nigeria: Investing in Agriculture

Crowdfunding in Nigeria: Investing in Agriculture

Crowdfunding is the new trend in agriculture in Nigeria.

You can now invest with as low as N10, 000 in farms and contribute to food production in Nigeria.

Many of the investment opportunities listed here have low initial capital and several farms on offer have returns of up to 35 per cent.

Good thing is even if you can’t afford a farm, you could pool funds together with your friends.

Before taking advantage of any of these investments opportunities, please do your due diligence.

1. ThriveAgric

Thriveagric

ROI for investors: 7% – 25%
Product listing: Maize, poultry farm, cassava, cattle, soya beans, ram tomatoes and rice.
Range cost of farm products: ₦60,000 – ₦200,000
Investment cycle: 4 to 12 months, depending on the farm you select
Farms are insured by Leadway Assurance

You can get a lower investment threshold through PiggyInvest. They allow savers on the platform invest in ThriveAgric farms with as little as ₦10,000.

2. FarmCrowdy

farmcrowdy

ROI for investors: 6% – 27%
Product listing: Maize, poultry farm, cassava, soya beans, cattle, ginger and rice.
Range cost of farm products: ₦50,000 – ₦300,000
Investment cycle: 5 to 12 months, depending on the farm you select
Farms are insured by Leadway Assurance

3. Farmkart

farmkart

ROI for investors: 30%
Product listing: Fish farm and Poultry farm
Range cost of farm products: ₦100, 000
Investment cycle: 12 months
Farms are insured by Leadway Assurance

4. PorkMoney

porkmoney

ROI for investors: 15% – 30%
Product listing: Pigs
Range cost of farm products: ₦250,000 – ₦5,000,000
Investment cycle: 11 months
PorkMoney pigs are insured by the Nigerian Agriculture Insurance Corporation (NAIC).

5. E-Farms Nigeria

Efarms nigeria

ROI for investors: 15% – 27%
Product listing: Maize, pig farm, tomatoes, catfish, poultry farm, cassava, soya beans, pineapple, plantain, snails and rice.
Range cost of farm products: ₦50,000 – ₦75,000
Investment cycle: 6 to 7 months, depending on the farm you select
The Nigerian Agriculture Insurance Corporation insures E-Farms Nigeria.

6. Payfarmer

payfarmer

ROI for investors: 11% – 35%
Product listing: Vegetables, poultry farm and Pig farm
Range cost of farm products: ₦100,000 – ₦1,000,000
Investment cycle: 4 to 9 months, depending on the farm you choose
Farms are insured by Leadway Assurance

7. Agropartnership

agropartnerships

ROI for investors: 16% – 35%
Product listing: Sweet potatoes, cashew nuts, sesame seeds and cocoa exports
Range cost of farm products: ₦90,000 – ₦96,000
Investment cycle: 4 to 7 months, depending on the farm you select
Farms are insured by Leadway Assurance

8. Traders of Africa

Traders of Africa

ROI for investors: 30% per annum (7.5% payable in 3 months)
Product: Large agricultural projects
Range cost of farm products: ₦2,000, 000
Investment cycle: 3 months to 1 year

9. Farm Funded

Farmfunded

ROI for investors: 12% – 35%
Product listing: Poultry farm, Groundnut farm, Ginger and Potatoes.
Range cost of farm products: ₦10,000 – ₦25,000
Investment cycle: 4 to 6 months, depending on the farm you select

To invest in any of these platforms: Go to their website, register for an account and start investing.

Investments in farms come with their own set of risks. Read more about risks here.

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