Find a quick and clear answer to your question about farm connect

What is ifarmkonnect?

ifarmkonnect is the 1st agri-tech crowdfunding platform in Kenya that connects you to sponsor our farmers for increased food production, impacting their lives as well as promoting youth participation in agribusiness while at the same time providing you with an opportunity to grow your money at the end of every farming cycle

What does ifarmkonnect do?

ifarmkonnect gives our users and investors an opportunity to finance our farmers with promising returns on investment after the sale of the harvest. We empower our farmers to produce more food by providing adequate farming resources, as well as increase their incomes impacting their lives. We also promote youth employment through participation in agriculture without necessarily getting their hands dirty. As a social enterprise program we also focus on strengthening food and nutrition security in Kenya and beyond.

How does ifarmkonnect work?

First you sign up and register on our website to be able to view and choose a farm to invest in. There are two farms you can invest in; short-term farms (ready for harvest in 3-18 months) and long-term farms (harvest period above 18 months). Invest in the farm of choice by sending your money through provided payment platform, after which you will receive a notification of your investment via email.

Once the farm is successfully funded, farmers are supplied with resources to start farming. You will receive periodic updates of the farm progress. After the harvest and sale of produce, you will receive your original investment back together with profit share.

Who is behind the idea of ifarmkonnect?

We are a team of passionate men and women between the ages of 25 and 40, who have come from the Agriculture, Finance and Technology sector. Our common goal is to give a meaning to farming, contribute to the growth of food production, improve food and nutrition security in Kenya and beyond, and to ensure more youth participation in Agriculture.

How do I join ifarmkonnect?

Joining is easy! All you are required to do is to Sign up’ you will be directed to a page that requires you to sign up using either your Facebook account or an existing email address. An authentication email will be sent to your personal email address, confirm your email address, and automatically you get a ifarmkonnect Profile Page.

Please fill in all the details required

How can I invest and support our farmers?

Visit our homepage and ‘Sign Up’, to create your unique ifarmkonnect Profile by providing all the information required. You can either sign up with your email address or your Facebook account.

  • Go to our website and select any farm of choice (N.B. this is subject to availability)
  • You will see the farm description (including farm size and location, units and cost per farm unit). Enter the units you want to invest in
  • Receive regular feedback of all farm activities through our ‘Farm Updates’
  • At the end of the Harvest, the Farm Produce is sold and the investor is paid a ‘Returns-after Harvest’ in addition to the initial investment Capital.
  • What happens after I invest in a farm?

    First you will receive a ‘Farm Allocation Email’ which acknowledges receipt of sponsorship of the farm, the location of the farm you sponsored, the farm cycle tenure and the end date of your farm cycle. After providing the necessary resources to farmers to start farming, you will periodically receive farm updates which keeps you abreast of all activities on your farm, from the beginning to the end of the farm cycle

    What is the minimum number of Farms I can invest in and what is the maximum amount?

    The minimum number of farms you can invest is one (1) unit of any farm, and you can invest as many farms as you choose but this is subject to the farm availability

    How does ifarmkonnect manage risks in farming?

    ifarmkonnect has a team of Agri professionals and technical partners whose primary responsibility is to ensure that our farms follow standard farm management practices whilst employing the most modern farming techniques, modern farm equipment and effective technologies that boost yields and decrease post-harvest losses

    We however are not ignorant of the peculiarity of the sector in which we operate, therefore we have taken adequate measures by insuring all our farm projects to mitigate against any unforeseen risks that could lead to loss of the invested capital. Some of the risks covered are farmer risks, weather risks, and pest risks. Market risks following price fluctuations are not fully covered but reduced through crop diversification and clustering of farmers.

    Read more on our risks assessment and management page

    What does the insurance cover?

    ifarmkonnect has provided insurance cover for all existing farm projects, so that in the event of risk occurrence, the investor’s capital can be refunded. The insurance covers only the initial capital, it does not cover the return after harvest.

    How long does the farm cycle run for?

    Depending on the farm you select, the cycle can run from 3 months to 18 months for short-term projects and 18 months and above for long-term projects

    How is the Profit or Return-after-Harvest shared?

    From the total proceeds realised after sale of the produce

  • Investor ghets their set returns on investment(ROI) ranging from 5%-25%
  • The farmer gets 80% of the balance
  • The compnay(IfarmKonnect) gets 20% of the balance
  • When does farm visit occur?

    General farm visits are organized on a periodic basis for existing Farm investors. Notifications are usually sent out to investors informing them of the visit and we usually ask them to confirm their availability for the visit. Investors may also put in their request for a farm visit, this can be organized as well but subject to certain terms and conditions.