You own a share of the store inventory
Estimated 20% annual return on investment
70% of the net revenues will be paid to investors
Payments will be distributed every 3 months
First revenues will start first quarter after opening
Investment ends after the investor gets a 60% ROI.
You can re-invest or withdraw your earnings.
The minimum investment is 300$.
No extra or maintenance costs
The project boosts local agricultural
The project makes life easy for farmers
Why are the stores necessary?
There is no reliable source of agricultural supplies in Somalia today. Farmers struggle to find supplies for their farms. We want to address this issue by opening a one-stop-shop for farming supplies where farmers can get everything they need to boost the productivity of their farms.
Where will you buy the inventory from?
We will source inventory from different countries. Many of it from China, Turkey where we buy our current supplies.
What kind of products will the stores sell?
There will be a variety of farming supplies, seeds, fertilizers, pesticides, livestock feed, construction materials, tools and small equipment that farmers need.
Are the stores insured?
Unfortunately, there is no reliable insurance in Somalia at this time.
How does the store investment work?
We are crowdfunding the capital to buy the inventory. The investors own the inventory and will receive a share of the revenues from the store. Every 3 months, we will pay 70% of the net profit from the store to the investors until they get their money back with a 60% profit.
Why should I invest in the stores?
The stores will solve a big problem for farmers in Somalia who struggle to find agricultural supplies. They will contribute to the development and productivity of the local agriculture and economy. You will also make money by getting a share of profits that the store generates.
What is the minimum investment?
The minimum investment is $ 300. Which is equal to 0.25% of the store inventory cost.
Do you plan to open more than one store?
Yes. We are opening the first store in Mogadishu. We plan to more stores across the country.
Can I re-invest my earnings?
Yes, you can always re-invest or withdraw your earnings after every quarter.
What if the inventory does not sell?
We will mainly buy inventory that is needed in the country and we believe it will sell well as there are no many suppliers today. However, this is a risk that is part of the project.
The price ($300) is for 1 share which is 0.25% of the inventory. This store has 400 shares in total.
Agrikaab Store (Mogadishu)
- Code: ASMOG
- Availability: In Stock