The farm ponds will be used to harvest rainwater during spring and autumn for irrigation and drinking water.
Farm pond size: 10.000 m3
Capacity: 10 million liters
Price cubic metre (m3): $ 3
Minimum investment: 50 m3
Estimated annual ROI: 20%
The farm ponds will be used to harvest rainwater during spring and autumn. We will use the water for irrigation of our greenhouse farms and some of it will be sold to others, especially nomadic livestock herders who need affordable water during dry seasons for their animals and families. This project will consist of two farm ponds of 5000m3 each with a capacity to hold up to 10 million liters. We are building these ponds outside the city of Galkacyo in central Somalia.
Of all the standard climatic parameters, rainfall is the most variable in time and space in Somalia. The amount of rainfall received across the country can vary dramatically from year to year. This data from the UN World Food Program (WFP) shows rainfall amounts for last year and for the long term average (20 years) in grey.
Current weather conditions and 7 day forecast for Galkacyo, Somalia.GALKACYO WEATHER
We are raising the funds to build this farm pond. Users who have invested in the farm ponds will get a share of the revenues from the water. Investors can invest in a minimum of 50m3. Your share of the revenues will be calculated based on how much percentage you have invested in the pond. The investment price for this farm pond is $ 3 per cubic meter. After every rainfall, we will report how much water has been collected in the ponds. Investors will get $ 0.6 per 1000 liters of water stored in the farm ponds. Revenues will be distributed every 6 months until the investor has recouped their investment back plus a profit of 60%.
If it rains in both the spring and autumn seasons, we estimate that the farm ponds will be 100% full in both seasons and could generate a revenue of $12000 per year for the investors. Based on these numbers, we estimate the investors will get their money back and with a 60% total profit in 2.5-4 years. It is important to note that these are just estimates and results are dependent on rainfall which can be variable.
This is an estimate of potential return on investment on a 3 year period.
|1 %||$ 480||15 %|
|$ 1 500
|5 %||$ 2400||15 %|
|$ 3 000
|10 %||$ 4800||15 %|
|$ 1 500
|50 %||$ 24 000||15 %|
|$ 30 000
|100 %||$ 48 000||15 %|
This an estimated timeline and may change over time.
|Mar 2019||Aug 2019||Jan 2020|
This farm pond will provide irrigation water to our farms which will produce affordable food for the local community. The farm pond will also be an emergency water reserve for the local community in case of droughts. They will be able to buy water at a low cost for their animals and families.
Every investment carries risk and investment with Agrikaab is no different but we try to be transparent and do our best to minimize the risks. These are the potential risk with this project
By investing in this project, you agree to the following terms of investment as well as the general terms of service available here.
Our investors come from all continents from more than 50 countries
It has been very joyful to show friends and colleagues pictures of my animals in Somalia. They are a great icebreaker in business meetings as well.
Isak Bakken, Sweden
This is very interesting. To be able to own animals in Africa, support economic development and take a social responsibility.
Kenth Juthberg, Sweden
Always fantastic customer service. I've asked them several questions since joining and they have always responded fast and professionally about the matter.
Amerigo Lusso, Denmark
In a simple and playful, way we have now bought animals in Somalia. Through our investment we contribute to create jobs for people who don't have opportunities today.