Business. Investment. Making Money

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 50 per cent.

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

Before investing in any of these investments opportunities, please do your due diligence.

1. 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

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

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

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

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

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

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

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

ROI for investors: 12% – 35%
Product listing: Poultry, Groundnut, Ginger, Rice, Maize, Pepper and Potatoes.
Range cost of farm products: ₦10,000 – ₦50,000
Investment cycle: 4 to 6 months, depending on the farm you select

10. EZ-Farming

ROI for Investors: 15.5% – 17%
Products: Poultry, Groundnuts, Goat, Maize
Range Cost: N41,000-N200,000
Investment cycle: 4-7 months

11. Menorah Farms

ROI for investors: 25% – 40%
Products: Fish, Rabbit, Cucumber, Plantains, Grasscutters and Poultry.
Range Cost: N5000 (Student package) – N150,000
Investment Cycle: 4 – 7 months
Investments are insured by Leadway Assurance

12. FarmAgric

ROI for investors: 11% – 20%
Products: Cattle and Cashew
Range Cost: N50,000 – N540,000
Investment Cycle: 6 months – 12 months

13. FarmBuddy

ROI for investors: 20% – 35%
Products: Ugwu, Banana, Catfish, Watermelon, Pigs, Poultry, Rice, Cucumber and Pepper
Range cost: 50,000- 100,000
Investment cycle: 4 – 12 months

14. GroupFarma

ROI for investors: 18% – 25%
Products: Soyabean and Cattle
Range cost: 100,000 per farm
Investment cycle: 6 – 8 months

15. Greenfold Farm

ROI for investors: 12% – 20%
Products: Ugwu, Cassava, Plantain, Rice, Pepper and Snail
Range Cost: 25,000 – 300,000
Investment Cycle: 4 – 12 months

16. SmartFarm

ROI for investors: 6% – 25%
Investment Cycle: 4 – 7 months

17. Growsel

ROI for investors: Nil
Product listing: Rice, Soyabeans, Ginger, Maize, Potato, Tomato, cassava
Range Cost: Short term or long term

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 risks. Read more about risks here.

Information on Menorah Farms was updated on September 23, 2019.

This Post Has 2 Comments

  1. Good morning to you

    We at Menorah Farms are delighted to have you write about us.

    But certain information were incorrect and incomplete

    We would love to have your contacts so this can be discussed on phone or by mail.

    Thanks

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