The Basal Plan

Agriculture is a capital intensive venture and its profitability on the small scale most often than not, cannot be guaranteed. This, however, does not change the fact that Agriculture in itself can be highly rewarding and profitable. It is also the global lifeline for food security and there is need to ensure the sustainability of agriculture regardless of debilitating circumstance. But the power and beauty of agriculture comes out when done in commercial scale.

Therefore, FarmKonnect Nigeria created the concept of cooperative farming that allows people invest their own funds in agriculture without having to step on the farm. To further make it accessible, we modeled it like a simple thrift of as low as 500 Naira per day, with highly flexible contribution plan to suit a subscriber’s cash flow.

Unlike normal thrift that the subscriber gets only what he contributes, the basal plan grows the investor’s money by up to 25%. The investor also enjoys a life insurance to the tune of his investment and accident cover for the period of active investment program.

The Basal Package is an affordable contributory package that allows an investment as low as 500 Naira only per day. In this package, the investor can contribute 500 Naira daily towards his portfolio. The investment plan has 2 phases:

The Contributory Phase

At this phase, the investor can make daily contribution of 500 Naira. The investor has the flexibility to make the contribution at his own pace; there is no time or value pressure whatsoever. This phase lasts for 12 months.

The Incubation Phase

The Incubation Phase follows immediately after the completion of the Contributory Phase, there will be one month of Incubation Phase to enable the last contribution work for at least one month. At The end of the thirteenth month the investor can liquidate and cash out of the package.


The contribution is highly flexible such that an investor may contribute daily, weekly, fortnightly, monthly, regularly or irregularly. There is no need to be under any form of pressure, the investor can contribute at his pace.

The Exit Plan

There are two exit plans from this event.
1. The investor can simply cash out his money.
2. Or join any of our cooperative farming projects to ensure continuous stream of income.

Easy setup.