As part of its commitment to accelerate the growth of the agriculture sector through increased support to farmers’ Farmcrowdy has expressed its preparedness to assist more farmers’ grows their income by over 80 per cent in its bid to scale up its operations.

Speaking recently during the visit to a poultry farm by Farmcrowdy team and farm sponsors in Abeokuta, the Chief Executive Officer, Farmcrowdy, Onyeka Akuma disclosed this.


Akuma explained that the farmcrowdy model was designed to ensure that the farmer is present when the buyer is buying.

“Transparency which is among some of the issues farmers suffers from, people just come and buy and pay them whatever they want to pay them,” he noted.

Akuma, further noted that in their transaction with the farmers, they ensure they are involved in the process.
He added that this was aimed at ensuring that farmers see the profit before the money gets into the account.
He remarked that the model allows them to provide farmers with technical know-how, and market access. Akuma said farmcrowdy would scale up its operations, find means to reach more farmers to grow their income by over 80 percent “annually that is our goal.”

In his remarks, one of the farm sponsors, Mr. Ajibola Oyekunle, said farmcrowding gives an investor return in time and full and the return is attractive.

He also stated that farmers were able to scale up from 2,500 to 20,000 chickens in less than a year. Oyekunle, also stated that in developing agriculture, government should help with enabling policies.

He added that it was not about government owning farms, but understanding what farmers need and providing policies to drive such.

Continuing, Akuma added: “People come to our website and they sponsor these farms, they are getting updates from the farmers. We decided that we want to show these people the farms, so we did these two weeks ago and we do it consistently. But the most recent one is two weeks ago, where we took sponsors to Kwara State to see our rice farms 2000 acres and meet the farmers, about eight hundred farmers.

“Here, we decided to do it again this week to show them the poultry farms and in showing them the poultry farm, all we have done is, you sponsor the farms on farmcrowdy, you come and see the farm hear from the farmers, see the work going on the farm and understand that beyond money you are making impacts in people lives.”

https://www.akelicious.net/2018/10/we-want-farmers-income-to-increase-by-80.html

olametrix:





U dont sleep?

You say!!!!!!!!!!!


My brother, I can't sleep oooo,

gideon1971:

U dont sleep?

How?

Yes, every hardwork deserves to be profitable and they deserve it because they feed the nation.

Going into the agricultural business very soon. Hope there is profit in bee farming

That their name tho.
Crowdy

Good works!

Keep it up

I guess the farmers would have to pluck these profits from the air as the sole purpose of any business is profit making even; "non-profits" make profits I find these idea flawed. Except they are selling directly to the consumers, it defeats the purpose.

"Farmcrowdy’s revenue model operates on a split system for sponshorships: principal plus 40 percent for sponsors, 40 percent for farmers, and 20 percent for Farmcrowdy. For example, if an investor sponsored a maize farm for 6 months at $1000 and at harvest the produce sold for $1500, the sponsor would regain their investment ($1000) plus 40 percent of profits ($600), the farmer $600 (40 percent), and Farmcrowdy $300 (20 percent)."

Off to the farm

See my signature

Is OK

A very wonderful initiative. These are the good work of buhari. The most of all is that at the moment, farmers now send their children to the best schools around. This is because their farm produce can now be sold and the income yield can afford such very important project.

contigiency:
A very wonderful initiative. These are the good work of buhari. The most of all is that at the moment, farmers now send their children to the best schools around. This is because their farm produce can now be sold and the income yield can afford such very important project.

Who is this person again??

contigiency:
A very wonderful initiative. These are the good work of buhari. The most of all is that at the moment, farmers now send their children to the best schools around. This is because their farm produce can now be sold and the income yield can afford such very important project.

This has nothing to do with Buhari.
Farmcrowdy is privately owned.

So my income will get to 80% when i sit here reading a useless post abi? If i stay at home na 1% i go gain... Make una dey kontinue the story But for me oh... Am off to the farm

This is good for Nigeria agricultural sector. Hope they deliver on their promise to attract other farmers in Nigeria who need all the necessary support as well as access to market.

contigiency:
A very wonderful initiative. These are the good work of buhari. The most of all is that at the moment, farmers now send their children to the best schools around. This is because their farm produce can now be sold and the income yield can afford such very important project.

You see as you zombies mock both unaself and una lifeless godfather, a private company initiative becomes buharis initiative, buy any bad one that comes is because of PDP's bad leadership

I know farmcrowdy very well and they are doing quite well.



Kudos to Onyeka Akumah the co founder and CEO

MsFaith:
Yes, every hardwork deserves to be profitable and they deserve it because they feed the nation.

Going into the agricultural business very soon. Hope there is profit in bee farming

I have been thinking this bee farming too. need some guidance if u don't mind.

Scam !

If you know you know.

Please don't mention/quote me, I'm not feeling fine.

BruncleZuma:


I guess the farmers would have to pluck these profits from the air as the sole purpose of any business is profit making even; "non-profits" make profits I find these idea flawed. Except they are selling directly to the consumers, it defeats the purpose.

"Farmcrowdy’s revenue model operates on a split system for sponshorships: principal plus 40 percent for sponsors, 40 percent for farmers, and 20 percent for Farmcrowdy. For example, if an investor sponsored a maize farm for 6 months at $1000 and at harvest the produce sold for $1500, the sponsor would regain their investment ($1000) plus 40 percent of profits ($600), the farmer $600 (40 percent), and Farmcrowdy $300 (20 percent)."

Hmm
I need to sit up!

contigiency:
A very wonderful initiative. These are the good work of buhari. The most of all is that at the moment, farmers now send their children to the best schools around. This is because their farm produce can now be sold and the income yield can afford such very important project.

This is a stupid lie... People are becoming poorer under buhari and you are insisting on your propaganda.

Can you honestly say life has improved under buhari?

This is a private initiative without any fraudulent government input.

Can't you just be truthful even for the sake of your own conscience?

MsFaith:
Yes, every hardwork deserves to be profitable and they deserve it because they feed the nation.

Going into the agricultural business very soon. Hope there is profit in bee farming

My sister, me too want to enter bee farming oh but to wait for whole year waiting to harvest dey do me somehow

Hmmm......the Farmcrowdy model was designed to ensure the farmer is present when the buyer is buying .....so would the farmer be hauling his produce to the buyer?...or the buyers coming around to the farmers?...what really is he saying?

BruncleZuma:


I guess the farmers would have to pluck these profits from the air as the sole purpose of any business is profit making even; "non-profits" make profits I find these idea flawed. Except they are selling directly to the consumers, it defeats the purpose.

"Farmcrowdy’s revenue model operates on a split system for sponshorships: principal plus 40 percent for sponsors, 40 percent for farmers, and 20 percent for Farmcrowdy. For example, if an investor sponsored a maize farm for 6 months at $1000 and at harvest the produce sold for $1500, the sponsor would regain their investment ($1000) plus 40 percent of profits ($600), the farmer $600 (40 percent), and Farmcrowdy $300 (20 percent)."

Nice on bro,,on the highlighted,when the sponsor/investor recoups the principal $1000, isnt the remaining $500 that should be shared as profit among parties (investor,farmer and famcrowdy) involved?

Some people won't like this news

This is one of the website www.iasnigeria.org....international agro support.i have been benefiting, I heard we will receive at least 500k before December.guys hurry now and register

Farmcrowdy - the good works of Buhari and farmers now send their children to the best schools around.

Chaiiii

Codeine is doing a great work here but Pls take it in moderation

contigiency:
A very wonderful initiative. These are the good work of buhari. The most of all is that at the moment, farmers now send their children to the best schools around. This is because their farm produce can now be sold and the income yield can afford such very important project.