Payfarmer is Nigeria’s online farming platform with a mission is to end poverty in Africa, one rural farmer at a time. We do this by creating an online platform for “everyday people”, to engage in the agricultural value chain by sponsoring farms in rural communities.

Frequently Asked Questions

What is Payfarmer

Payfarmer is Nigeria’s company whose mission is to end poverty in Africa, one rural farmer at a time. We do this by creating an online platform for “everyday people”, to engage in the agricultural value chain by sponsoring farms in rural communities.

What does Payfarmer do?

In achieving our objective, we empower the rural farmer by providing access to improved  resources (inclusive of Farm inputs, training on best farming techniques, sales of farm produce for higher value) to boost the quality and quantity of their food production and also provide a healthy profit after harvest for both farmer and sponsor.

Who is behind the idea of Payfarmer?

We are a team of passionate men and women between the ages of 25 and 35, who have come from the Agriculture and Technology sector. Our common goal is to seek for ways to impact on rural farmers, contribute to the growth of food production, improve food security in Nigeria, and to ensure more youth participation in Agriculture.

How does this work?

First you have to sign up on our website to create your own personalised Payfarmer profile, you then select a farm of choice to sponsor. You sponsor the farm, and at the end of the farm cycle stipulated, you will receive a percentage of the profit after the sales of harvest and also your initial sponsorship capital.

How do I join Payfarmer?

Joining is easy! All you are required to do is to click on the ‘Sign up’ button on the top right corner of the page.

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 Payfarmer Profile Page to start investing and making money.

Please fill in all the details required.

How do I become a Sponsor?

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

– Go to our Payfarmer and select any farm of choice (Note. this is subject to availability)

– Sponsor a given number of Farm Unit(s)

– Receive regular feedback of all farm activities through our ‘Farm Updates’

  • At the end of the Harvest, the Farm Produce is sold and the Sponsor is paid a ‘Returns-after-Harvest’ in addition to the initial Sponsorship Capital.

 

How long does the farm cycle run for?

Depending on the farm you select, the cycle can run from 4 months to 12 months.

When does farm visit occur?

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

Can I invite friends to join me?

Yes, you can invite friends from Facebook/ or any other social media platform to join you on Payfarmer. Use the invite friends button on each farm page.

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

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

Is it possible to terminate my sponsorship earlier than the agreed timeframe?

Each of our farms have a fixed farm cycle period. This is determined by taking into cognisance the gestation period required for each farm to go from beginning to the harvest stage. As it is virtually impossible to wilfully interrupt the growth life cycle of any crop or livestock before maturity, we will not be able to ‘terminate’ the farm cycle of any given farm. However, at the end of the stipulated farm cycle, and the sponsor has received his farm sponsorship and returns after harvest, the decision to re-sponsor another farm or otherwise, is entirely the sponsor’s decision.

What happens if the farm I sponsored is badly run or if the harvest is lost?

Payfarmer has a team of Agric 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, improved seedlings and  modern farm equipment; to ensure that we have the best farm yields.

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 sponsor’s capital.

How do I Pay for a Farm?

Click on the farm you want to sponsor, select the number of farm units you want sponsor and click on “Buy now” or “Invest Now” icon.

You will be directed to another page to “check out” your order and to agree to the terms and conditions stated.

After that select the payment options of that suits, you will be required to complete the transaction with your ATM Card or you may chose the bank transfer option which would require you to use your bank token to complete the transaction.

What happens after I sponsor 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.

On a periodic basis, you will receive farm updates which keeps you abreast of all activities on your farm, from the beginning to the end of the farm cycle.

What does my insurance cover ?

Payfarmer has provided insurance cover for all existing farm projects, so that in the event of unforeseen circumstances, the sponsor’s capital can be refunded. The insurance covers only the initial sponsorship capital, it does not cover the return after harvest.