Thrive Agric Reviews: All You Need To Know Before Investing In A Farm
About Thrive Agric
Thrive Agric is a tech-driven agricultural company that is very passionate about facilitating food security on a global scale. Thrive Agric get funds from investors to support farmers from customers and promise to give them back some decent returns. They get returns at the end of each farming cycle.
By focusing on the African market, Thrive Agric’s main aim is to make it easy for nations that are in Africa to produce food for themselves, by themselves, and then, for the world as a whole.
The Thrive Agric App
The Thrive Agric mobile application is available on iOS and Android with ratings of 4 and 4.4 respectively at the time this post was published. To start, simply download the app, create an account, and choose a farm that you would like to invest in. Updates of the progress of the farm would be displayed on the dashboard and after maturity, the profits from the farm would be distributed among the investors.
It is important to note that investing in a farm on the Thrive Agric App is not just on the mobile app. You can also fund a farm, complete all Investment transactions, and monitor your investment on their website.
Investing In a Farm on Thrive Agric
Thrive Agric provides a platform for one of the best investment opportunities in the Nigeria Agricultural sector. From crop farms to regular farms.
You can only fund a farm depending on the availability of the farm. Once a farm is tagged ‘closed’, it means that the number of investment units that it was supposed to have has been exhausted. Before you can access the features of Thrive Agric, you would have to sign up with an email and a password.
Once you are done with the signup process, you will have access to your personal dashboard. From this dashboard, you can monitor all your investments, their expected interests, and their date of maturity.
Thrive Agric has a broad range of farms located in different states in Nigeria Some of their most popular farm locations in Nigeria are:
- Poultry Farm in Oyo state
- Rice Farm in Kano
- Soybeans Farm in Niger
- Tomato Farm in Kebbi
Each farm on the app has a very detailed explanation of what the farms are about and some background information about the location.
Investment opportunity for the farms has its Return of Investment which ranges from 7%-30% depending on the farm. Also, the duration of the farm’s maturity ranges from 3-10 months depending on the farm). The investment amount for the farm and the plots available to invest in are open for an investor to see what they are getting.
The platform makes all this information about their investments very clear on the app and site so that users will be fully aware of their investments.
Customers also receive reminder emails as another means to keep them informed.
Is Thrive Agric Legit?
Agriculture is a valuable and essential sector. Thrive Agric is a legit company that allows people to use their money to fund agriculture.
The company has their insurance covering with Leadway Assurance Company Limited, which is a very reputable insurance company. This means that LeadWay Assurance company would provide insurance coverage in the event of any loss both to the farmers and you, the investor.
Their timely payout is commendable and admirable, and there are lots of opportunities for people to support farmers and make money from agriculture.
The path to developing wealth from investing in Agriculture in Nigeria is getting clearer, with several other platforms such as Farmcrowdy offering the same opportunities and benefits.
Pros
- Your investment matures in less than a year
- There are diverse farms to invest in
Cons
- Payouts can be delayed by a few weeks
Related Courses And Certification
E-Agriculture Course And Certification
Environmental Science and Technology Course and Certification
