Special Projects

HECTRAE BY HECTARE SPECIAL PROJECTS

OWN A BEE FARM @ HECTARE BY HECTARE FARM ESTATE, OGBUYAGA ETTE, IGBO-EZE L.G.A, ENUGU STATE

PROJECT DETAILS

***** Single-Digit Interest Loan Available *****
***** Loan Repayment tied to proceeds of the Farm/Farms *****

With very low equity contribution per farm lot, you can invest and stay in the comfort of your home/office and let our technical team and resident farmers, farm and manage your farm/farms for you

PROJECT OVERVIEW

The Land Owners, entered into a development agreement with Adasomi Development Company Limited (ADCL), for the development of its farm land into a Hectare By Hectare farm estate.

Pursuant to the development agreement, Adasomi has decided to imbed 178 lots of beehives in 89 hectares of soyabean farms (each farm to be hedged with sunflower plants) to boost high yield of honey production due to easy collection of nectare and pollen by the bees from the soyabean and sunflower plants during their flowering period.  

TERMS & CONDITIONS
  1. Number of available lots – 178
  2. Number of beehives per lot –  20
  3. Number of lots per plot (hectare)-2
  4. A prospective proxy farmer is required to pay an application fee of N10, 000 per lot into the nominated project account upon demand of same by ADCL.
  5. A proxy farmer shall upon allocation of plot, be required to make the payments as contained in the schedule of fees upon demand of same by ADCL.
  6. Upon payment of the application fee and payment of fees contained in the schedule of fees, a grant of 20 years farming right shall be executed in favour of the proxy farmer.
  7. However, a proxy farmer may also choose the credit option i.e. payment of the required fees in arrears upon establishment and commencement of farming activities on his/her plot.
  8. Where a proxy farmer chooses a credit option, he/she shall be required to provide an undertaking to make the said payment in addition to a service charge of N20,000 per lot.
  9. After each harvest, a proxy farmer shall be entitled to 70% of profit due on his/her farm lot(s).
  10. Resident farmers shall be employed to provide farming services for all the farms within the estate as well as supervising farm laborers that would be employed for the maintenance of each farm plot(s).
  11. Where a proxy farmer is desirous of having a remote electronic access for monitoring of his/her farm he or she shall pay an additional monthly fee of N2500.
  12. Upon the request of any proxy farmer, Adasomi shall provide Inter-mediation services for processing of Agric Loan to enable him/her to pay the fees contained in the schedule.
  13. Subject to other terms and conditions, net interest payable on the loan shall not be more than 9%per annual.

VERY IMPORTANT NOTES

  1. At the discretion of the proxy farmer, harvested produce could be pre-sold to a primary off-taker, could be delivered to him/her, sold to a secondary off-taker/end user or alternatively preserved for him/her at any warehouse within the Hectare by Hectare value chain.
  2. Where the produce is preserved in the approved warehouse, the proxy farmer shall receive Adasomi warehouse voucher detailing the value of his/her stock in the warehouse.
  3. The proxy farmer could from time to time trade on this voucher to enable him/her unlock value of his/her stock stored in the warehouse.
  4. Upon the sale of harvested produce, net income due to a proxy farmer shall be determined after all legitimate deductions are made.
SCHEDULE OF OTHER FEES PAYABLE FOR EACH FARM LOT FOR HONEY

S/N

ITEMS

AMOUNT PER LOT(N)

  1

Deposit for farming right (This deposit in addition to 5% of gross yearly income from each farm shall constitute the entire fee for a 20years farming right to be granted to each proxy farmer)

                         25,000

2

Community development levy

                           3000

  3

Legal fee

10,000

  4

Agency fee

15,000

  5

Cost of labour for 6 months

40,500

  6

Cost of sun flower seedlings

3,500

  7

Premium deposit for fire and special perils insurance for the protection of the investment.

1264

  8

Premium deposit for yield protection insurance, for securing the projected yield.

21,000

  9

Infrastructure fee for 6months

36,000

10

Training fee for resident  farmers

10,000

11

Management fee for 6 months

24,000

12

Consultancy fee

6,000

14

Security fee for 6 months

36,000

15

TOTAL

190,764

NOTES & ASSUMPTIONS
  • Duration for each bee keeping cycle is seven(7) months
  • Bee keeping season shall be from 0ctober to April.
  • 1 bee hive will produce approximately 15 litres of honey per season
  • Honey shall be sold directly to end-users at a minimum price of N3500 per litre.
  • Income from 1 lot of 20 bechives shall be N1,050,000.
  • Monthly management fee of N4,000 shall subsequently be deductible from harvest proceeds of each farming cycle.
  • Monthly labour cost of N6750 shall subsequently be deductible from harvest proceeds of each farming cycle.
  • Monthly infrastructure fee of N6,000 shall subsequently be deductible from harvest proceeds of each farming cycle.
  • Monthly security fee of N6,000 shall subsequently be deductible from harvest proceed of each farming cycle.
  • Infrastructure partner shall provide all the hives and every other bee keeping tools and materials required.

NOTE: Driven by the Hectare by Hectare BUY AND GET PAID Reward initiative, the numerous members of Hectare by Hectare premium (consumers) Cooperative Societies; constitute the bulk of the secondary off-takers/end users. 

HOW TO APPLY

STEP 1. Click on the RED BIG BUTTON BELOW TO FILL IN AND SUBMIT APPLICATION FORM.

 

Click here to fillin and submit application form

OWN A SOYA BEANS FARM @ HECTARE BY HECTARE FARM ESTATE, OGBUYAGA ETTE, IGBO-EZE L.G.A, ENUGU STATE

PROJECT DETAILS

***** Single-Digit Interest Loan Available *****
***** Loan Repayment tied to proceeds of the Farm/Farms *****

With very low equity contribution per farm lot, you can invest and stay in the comfort of your home/office and let our technical team and resident farmers, farm and manage your farm/farms for you.

PROJECT OVERVIEW

The Land Owners, entered into a development agreement with Adasomi Development Company Limited (ADCL), for the development of its farm land into a Hectare By Hectare farm estate.

Pursuant to the development agreement, Adasomi has planned the land into a farm estate comprising of 89 farm plots for the cultivation of soya beans.

TERMS & CONDITIONS
  1. Number of Available plots – 89
  2. Minimum size of each farm plot——–10,000sqm i.e. 1 hectare
  3. A prospective proxy farmer is required to pay an application fee of N10, 000 per lot into the nominated project account upon demand of same by ADCL.
  4. A proxy farmer shall upon allocation of lot(s), be required to make the payments as contained in the schedule of fees upon demand of same by ADCL.
  5. Upon payment of the application fee and payment of fees contained in the schedule of fees, a grant of 20 years farming right shall be executed in favour of the proxy farmer.
  6. However, a proxy farmer may also choose the credit option i.e. payment of the required fees in arrears upon establishment and commencement of farming activities on his/her plot.
  7. Where a proxy farmer chooses a credit option, he/she shall be required to provide an undertaking to make the said payment in addition to a service charge of N20,000 per lot.
  8. After each harvest, a proxy farmer shall be entitled to 70% of profit due on his/her farm plot(s).
  9. Resident farmers shall be employed to provide farming services for all the farms within the estate as well as supervising farm laborers that would be employed for the maintenance of each farm plot(s).
  10. Where a proxy farmer is desirous of having a remote electronic access for monitoring of his/her farm he or she shall pay an additional monthly fee of N2500.
  11. Upon the request of any proxy farmer, Adasomi shall provide Inter-mediation services for processing of Agric Loan to enable him/her to pay the fees contained in the schedule.
  12. Subject to other terms and conditions, net interest payable on the loan shall not be more than 9%per annual.

VERY IMPORTANT NOTES

  1. At the discretion of the proxy farmer, harvested produce could be pre-sold to a primary off-taker, could be delivered to him/her, sold to a secondary off-taker/end user or alternatively preserved for him/her at any warehouse within the Hectare by Hectare value chain.
  2. Where the produce is preserved in the approved warehouse, the proxy farmer shall receive Adasomi warehouse voucher detailing the value of his/her stock in the warehouse.
  3. The proxy farmer could from time to time trade on this voucher to enable him/her unlock value of his/her stock stored in the warehouse.
  4. Upon the sale of harvested produce, net income due to a proxy farmer shall be determined after all legitimate deductions are made.
SCHEDULE OF OTHER FEES PAYABLE FOR EACH FARM LOT FOR SOYABEANS

S/N

ITEMS

AMOUNT PER LOT (N)

1

Deposit for farming right (This deposit in addition to 5% of gross yearly income from each farm shall constitute the entire fee for a 20years farming right to be granted to each proxy farmer)

25,000

2

Community development levy

3,000

3

Legal fee

10,000

4

Agency fee

35,000

5

Survey fee

13,000

6

Cost of seedlings and farm inputs

95,000

7

Cost of labour for 6 months

40,500

8

Premium deposit for fire and special perils insurance for the protection of the investment.

1,950

9

Premium deposit for yield protection insurance, for securing the projected yield.

16,000

10

Infrastructure fee for 6months

36,000

11

Training fee for resident  farmers

10,000

12

Management fee for 6 months

24,000

13

Consultancy fee

6000

14

Security fee for 6 months

36,000

 

Total amount

N310,950

 

NOTES & ASSUMPTIONS
  • Three farming cycles shall be achieved within 16 months.
  • Off season farming shall be aided by irrigation
  • Minimum yield per plot per cycle shall be N800,000
  • For optimal return on investment, a minimum of 2 farm plots per investor is recommended.
  • Monthly management fee of N4000 shall subsequently be deductible from harvest proceeds of each farming cycle.
  • Monthly labour cost of N6750 shall subsequently be deductible from harvest proceeds of each farming cycle.
  • Monthly infrastructure fee of N6,000 shall subsequently be deductible from harvest proceeds of each farming cycle.
  • Monthly security fee of N6,000 shall subsequently be deductible from harvest proceed of each farming cycle.
  • Cost of land clearing and irrigation shall be borne by infrastructure partner(s)

NOTE: Driven by the Hectare by Hectare BUY AND GET PAID Reward initiative, the numerous members of Hectare by Hectare premium (consumers) Cooperative Societies; constitute the bulk of the secondary off-takers/end users. 

HOW TO APPLY

STEP 1. Click on the RED BIG BUTTON BELOW TO FILL IN AND SUBMIT APPLICATION FORM.

 

Click here to fillin and submit application form

OWN A GOAT BUSINESS @ IRB HECTARE BY HECTARE FARM ESTATE, AGBALA IMO-STATE

PROJECT DETAILS

***** Single-Digit Interest Loan Available *****
***** Loan Repayment tied to proceeds of the Farm/Farms *****

With very low equity contribution per farm lot, you can invest and stay in the comfort of your home/office and let our technical team and resident farmers farm and manage your farm/farms for you.

PROJECT OVERVIEW

IRB AGRO entered into a development agreement with Adasomi Development Company for the development of its Land
under the Hectare by Hectare programme.

Pursuant to the development agreement, Adasomi has planned the land into a farm estate comprising of 84 farm plots of 2500 m2 each. Each Farm plot is made up of 24 farm lots and a grass farm. See attached floor plan.

The project proposes to provide required onsite infrastructure that support animal husbandry.

TERMS AND CONDITIONS

TERMS AND CONDITIONS

  1. Number of lots per plot – 24
  2. Number of goats per lot – 10
  3. A prospective proxy farmer is required to pay an application fee of N10, 000 per lot upon completion and return of application form.
  4. A proxy farmer shall upon allocation of lot, be required to make the payments as contained in the schedule of fees upon demand of same by ADCL.

However, a proxy farmer may also choose the credit option i.e payment of the required fees in arrears upon establishment and commencement of farming activities on his/her allocated farm lot(s)

Where a proxy farmer chooses the credit option, he/she shall be required to provide an undertaking to make the said payment within the agreed period, with an additional service charge of N20,000 per lot.

  1. Each Proxy Farmer shall be entitled to 70% of gross yearly profit on each of his/her farm lot.
  2. Resident farmers shall be employed to provide farming services for all the farms within the estate as well as supervising farm laborers that would be employed for the maintenance of each farm lot.
  3. Upon the request of any proxy farmer, Adasomi shall provide Inter-mediation services for processing of Agric Loan to enable him/her to pay the fees contained in the schedule.
  4. Subject to other terms and conditions, net interest payable on the loan shall not be more than 9% per annual.
  5. At the discretion of the proxy farmer, each of the goats could be pre-sold to a primary off-taker or could be delivered to him/her, sold to a secondary off-taker/end user.
SCHEDULE OF FEES PAYABLE FOR BREEDING STOCK OF 10 GOATS

 

Deposit for farming right
This deposit in addition to 7% gross yearly income from each plot shall constitute the entire fee for a 15years farming right to be granted to each proxy farmer.            

15,000  

Legal fee                                                              

10,000

Survey  fee

13,000

Agency fee 

35,000

Infrastructure fee for 12months   

18,000

Cost of 10 goats    

150,000

Cost of drugs for 12months   

4,000

Cost of supplement for 12months         

2,000

Cost of Ear Tag / record book / board      

4,000

Premium for all risk insurance  for 12months  (fire/special perils, special perils, burglary & fidelity guaranteed)

7,650

Premium yield protection  insurance for 12months          

9,880

Training fee for resident farmers  for 3months   

4,000

Cost of feed for 12months   

80,300

Vet doctor’s fee for 12months       

6,000

  Consultants fee  for 12months       

  12,000

Cost of labour   for 12months    

42,000

Service charge  for 12months    

20,000

Management fee  for 12months    

48,000

Total Amount   

N 482,830

HOW TO APPLY

STEP 1. Click on the RED BIG BUTTON BELOW TO FILL IN AND SUBMIT APPLICATION FORM.

Click here to fillin and submit application form

Own a Farm Lot / Lots @ Kanuco Hectare By Hectare Poultry Farm, Gwagwalada, FCT, Abuja

PROJECT DETAILS

***** Single-Digit Interest Loan Available *****
***** Loan Repayment tied to proceeds of the Farm Lot/Lots *****

With very low equity contribution per farm lot, you can invest and stay in the comfort of your home/office and let our technical team and resident farmers farm and manage your farm lot/lots for you

PROJECT OVERVIEW

Kanuco Investment Services Limited entered into a development agreement with Adasomi Development Company for the integration of its Poultry Farm into the Hectare by Hectare programme.

Pursuant to the development agreement, Adasomi has planned to deploy its HBH Funding Model in providing opportunities to proxy farmers by taking up the available 900 farm lots under its Adasomi Farm Estates Scheme.

TERMS AND CONDITIONS
  • Number of lots per pen is 240. Number of birds per lot 50.
  • Each proxy farmer is required to pay an application/processing fee of N10, 000 per lotupon completion and return of application form.
  • A proxy farmer shall upon allocation of a lot be required to make the payments as contained in the schedule of fees upon demand of same by ADCL.
  • Each Proxy Farmer shall be entitled to 70%of gross quarterly profit on each of his/her farm lot.
  • However, a proxy farmer may also choose the credit option i.e payment of the required fees in arrears upon establishment and commencement of farming activities on his/her allocated farm lot(s)
  • Where a proxy farmer chooses the credit option, he/she shall be required to provide an undertaking to make the said payment within the agreed period, with an additional service charge of N20,000 per lot.
  • Each Proxy Farmer shall receive a grant of farming right for 7 years duly executed in his / her favour by ADCL on behalf of Kanuco Investment Services Limited.
  • Resident Farmers shall be employed to provide extension services for the poultry as well as supervising farm laborers that would be employed for the maintenance of the poultry.
  • Upon the request of any proxy farmer, Adasomishall provide Inter-mediation services for processing of Agric Loan to enable him/her to pay the fees contained in the schedule.
  • Subject to other terms and conditions, net interest payable on the loan shall not be more than9% per annum.
  • Except on request by the proxy farmer, ADCL shall be responsible for selling the eggs to primary and secondary off-takers within the Hectare by Hectare value chain.
  • All allocations shall be on a first come, first served basis.
  • Where an applicant fails to get an allocation of lot/lots, his/her application fee shall be refunded.
SCHEDULE OF FEES PAYABLE PER LOT (50 BIRDS)

SCHEDULE I                            

Cost of procuring 50 birds 72,500
Consultancy fee for 5 months1,250
Agency fee  35,000
Survey fee13,000
Premium for fidelity insurance4,313
Premium for  yield  protection  insurance  1,875
Premium for  fire/special perils insurance                                  1,600
Sub-Total   N129,538

SCHEDULE II

Cost of feed for 5 months 88,132
Cost of vaccine for 5 months      1,100
Cost of training for resident farmer/farmhands  167
Vet doctors fee for 5 months 56
Management fee for 5 months800
Infrastructure fee for 5 months7,500
Cost of labour for 5 months4,375
Service charge for 5 months6,250
Miscellaneous for 5 months833
Sub-TotalN129,583
Grand TotalN205,751

INCOME PROJECTION FOR 1 CYCLE OF 18 MONTHS

Initial InvestmentProjected cost for the remaining 13 monthsProjected income due from sale of eggs and old layers
N220,751    N280,847.80  N896,950

NOTES AND ASSUMPTIONS 

  • Layers will be procured at point of lay.
  • Layers will start laying eggs 5 weeksfrom date of procurement.
  • Layers will continue to lay eggs for a period of 74 weeks from the date of procurement.
  • 1 and a half crates of eggs will be produced per day.
  • Each crate of eggs could be sold to primary off-takers at minimum of N1,100.
  • Part of the revenue to be generated in the first 5 monthsof each cycle, shall be utilized in funding the operations for the remaining 13 months of the cycle.
  • Net income due to a proxy farmer on a lot shall be determined after all legitimate deductions would have been made.
  • Quarterly payments of profit shall be payable only to the proxy farmer’s transaction account.
  • After each transaction cycle of 18 months the old layers will be sold at a minimum ofN2000 per bird, and the farm restocked for the next transaction cycle.
  • Two months period is allowed after each cycle for restocking.
  • Subject to compensation payable on all insured risks, all losses that occur within the transaction cycle shall be shared equally by all the proxy farmers within a cage.
  • At the discretion of the proxy farmer, each of the crates could be pre-sold to a primary off-taker.
HOW TO APPLY

STEP 1. Click on the RED BIG BUTTON BELOW TO FILL IN AND SUBMIT APPLICATION FORM.

 

Click here to fill-in and submit application form