Quebec Food
Invest in our agric tractor scheme
Open an account and start investing in our agric tractor package in just 5 minutes.
Get started using your mobile device?
Quebec Agro-Food Cooperative Society Ltd
Why Invest In Agric Tractors Scheme?
The market potential for tractor and agro-haulage services is about $4,861,000,000. Nigeria requires 1.5 million tractors to be considered “mechanized” but has fewer than 5,000 functional tractors in circulation. There are six (6) tractors for every 10,000 hectares of arable land, compared to the global average of 195 tractors per hectare.
The growth of agricultural mechanization is low in sub Saharan Africa, and is estimated at 1.2% in Nigeria. The global agricultural tractors market was valued at USD 55.37 billion in 2018 and is expected to grow at a CAGR of 5.8% to USD77.74 billion by 2024. North America dominates the global agricultural tractors market, at 15.2% of global market share in 2014, led by the USA and Canada.
Financing tractors for small holder farmers has been a daunting challenge, from the rise in exchange rate to the hurdles of meeting banks’ requirement, small holder farmers across Nigeria and Africa at large not being able to own tractors. Owning one is out of their league, yet they constitute 70% of farmers in Sub Saharan Africa.
This platform provide investors the opportunity to invest in the Agric mechanization space, thereby making tractors, machinery and trucks available to farmers, while you earn returns with the aim of increasing the numbers of tractors per hectare of farmland in Nigeria.
Ready to start
investing?
Register and create a new passive income stream with up to 14% Return on Investment (ROI) for a period of 10years depend on your choice of contract tenure.
- Investing from $5,000 – interest 10,6%
- Investing from %10,000 – interest 11,6%
- Investing from $25,000 – interest 12,7%
- Investing from $50,000 – interest 13,1%
- Investing from $100,000 – interest 14%