Frequently Asked Questions
What is Agrecourse?
Agrecourse is a company that deals in agribusiness. We offer an alternative mode of investment to individuals and corporate bodies, where they can make exciting returns on their investment whilst also impacting lives of smallholder farmers. Agrecourse gives all interested persons the opportunity to partner and finance real agricultural projects directly from the convenience of their homes and offices via our mobile and web platforms, with access to updates throughout the farming cycle. Our mission is to help smallholder farmers move from subsistence farming to commercial farming.
The name “Agrecourse” was coined from two words:
1. Agriculture - the science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products.
2. Recourse - the use of (someone or something) as a source of help in a difficult situation.
Who is behind Agrecourse?
Our team consist of specialists in Agribusiness, Information Technology, Financial Analysis and Fund Management. Collectively, we have over 40 years’ experience and this gives us well-rounded knowledge from every viewpoint.
What is the minimum age I have to be to use Agrecourse?
You have to be at least 18 years old.
How do I know the farms available for subscription?
You can see the available farms on the navigation page titled “Farms”.
Where can I see all my sponsorships?
All information on your sponsorships can be found on your profile page. You can access your profile page when you log into your account.
How do I follow up on my farm sponsorship?
After you sponsor a farm, we will send you regular updates throughout the farming cycle. These updates will come in form of text, photos and videos.
How long does a farm cycle run for?
This depends on the farm you have chosen to sponsor. The tenure for our farms range from 4 months to 12 months. The tenure for each farm will be clearly stated.
How much Return on Investment will I get?
This depends on the farm you have chosen to sponsor. The Return on Investment for our farms range from 15% to 40%. This will usually be stated.
What is the minimum number of Farms units I can sponsor and what is the maximum amount?
The minimum is one farm while the maximum is dependent on the number of available farm units.
Can I visit the farms I subscribed to?
Regular visits will be organised for farm sponsors only. Terms and Conditions apply.
Can I terminate my sponsorship before the end of the farm cycle?
Due to the fact that all our farms have stipulated farm cycle and in order not to distort our farming operations, termination will not be possible. However, at the end of the farm cycle, the principal and profit will be paid to the sponsor and the decision to sponsor another farm is totally the sponsor’s decision.
Are the farms insured?
Yes. We have partnered with Leadway Assurance to insure all our farms. This has been done to protect the investment made by our sponsors and so that in the event of any unfavourable circumstance, the invested capital can be refunded. The insurance covers only the principal that has been invested and not the returns after harvest.
How can I be updated to Agrecourse news and events?
All you have to do is register on our platform and you will be informed of all Agrecourse related news and events.
How will I know when new farms are open for funding?
If you are registered on our platform, we will send you regular emails on all our activities. You will be notified ahead of time when we have a new farm coming up. You should also check the “Farms” section of our website regularly.
How can I contribute to Agrecourse’s initiatives?
We are very open to your suggestions. Kindly send us an email at firstname.lastname@example.org
I am a farmer who needs funding. How can I apply for funding?
Please send us an email at email@example.com or give us a call.
Wuse 2, Abuja
+234 806 609 8896