What is Ari.farm?
Ari.farm is an online platform that enables anyone to invest in African agriculture from their smartphone. We have currently farms in Somalia where we are letting our global community to invest in livestock and greenhouse farms. We buy the animals for the users, plant the crops, sell the animals and the produce for our users. You can follow everything from our app.
Who takes care of the animals?
The animals are maintained at our farms by a team of former nomads employed by our local partner company.
Where are the farms located?
We currently have two farms in Somalia. One in the region of Mudug near the town of Bandar Qaali and the other outside Mogadishu, the capital of Somalia.
Who is behind Ari.farm?
Ari.farm is founded by Mohamed Jimale, a former nomad who turned IT professional. Mohamed moved to Sweden 7 years ago where he worked for the UN and started Ari.farm
Who is your team in the ground?
We employ a team of former nomads through our local partner company . They are experts in livestock trading and herding. They take care of animals, monitor the local market, buy and sell animals for the owners.
Is Ari.farm a registered company?
Ari.farm is part of ARI & GEEL LTD which is registered with Registrar of Companies in Nairobi, Kenya and our local company in Somalia is called ARI AFRICA LIMITED which is registered with the Ministry of Commerce and Industry in Mogadishu.
Can I import my animals to my country?
Due to strict regulation it is unfortunately difficult to ship animals between countries.
Can I visit the farms?
Yes, if you are in Somalia.
About food investment
When will you open orders?
We are planning to open for orders in August 2018. Please add yourself to the waiting list if you will like to become one of the first people to participate.
Tell me more about investing in food?
We are still working on the details. We will update this page later.
What impact does it make?
The greenhouse farms will have several social impacts. 1. We will create jobs for former nomads and local youth at the farms. 2. We will also contribute to the food security of the regions where the farms are located by constantly producing quality affordable food.
What will you grow at the farms?
We will grow mostly vegetables such as tomatoes, cucumbers, carrots etc.
How big are the greenhouses?
We are building different sizes depending on availability of land. The pilot greenhouse will be 800m2.
About livestock investment
I have ordered animals on the website, why do I not see them?
Ordered animals can take several weeks for us to purchase them from the herders, move them to our farm and register them in the app. We will notify you by e-mail when your animals are added to the app. We appreciate your patience!
How can I make profit from my investment?
The prices of the local livestock market are going up and down throughout the year. By following the local market prices through our app, you can decide to sell your animals for the best price and make a profit.
Your animals will be maintained at our farms until they are sold. When you decide to sell your animals, we will pay you the average local market price you see in the app. No need to wait until the animals are taken to the market.
What is the estimated return on investment?
It depends on the type of animals you buy and the market conditions. You can use our simulation tool to get an estimate of how much ROI you can make and how big your impact will be. Try it here.
When and how do I sell my animal?
You can sell your animals any time. When you decide to sell your animals, simply visit the app and press the sell button. We will pay you the current average market price you see in the app.
Can i delegate the decision to sell my animals to you?
No. Although we will take care of the logistics of selling your animals but you will have to make the decision to sell your animals from the app.
Am I forced to sell my animals after sometime?
No. You can always keep your animals as long as you wish.
How do I get my money?
When your animals are sold, the money is added to your balance in the App Account. You can use that money to re-invest or request to withdraw. You can withdraw your money 12 months after your first sale. Revenues from camel milk will paid every 3 months. If you request to withdraw we will verify your details and make the payment to your Bank Account. It can take up to 2 weeks depending on your location. The minimum withdrawal amount is $ 200.
What about taxes?
We pay taxes in Somalia when we sell the animals. However, we trust our customers to pay their taxes in their countries if applicable.
Who buys the animals?
We sell the animals to traders who export to other countries. Somalia is the #1 exporter of goats and sheep in the world.
Who decides the prices in the local livestock market?
Local livestock traders usually appraise the animals and offer the best price. There are a lot of negotiations and bargaining.
Where can I see the local market price?
In our app you can see the current average market prices and historical changes.
I sold my animal, does Ari.farm take a commission?
Yes. Ari.farm takes 10% commission fee from selling the price. However, if you did not make any profits, we will not take a commission.
Do I have to pay recurring fees?
All the fees to buy and care for your animals are included in the price you pay when you make the purchase.
Do I own specific animals?
No, but you own specific number of animals you purchased in our operation. That means, if you come to our farm and want to take your 5 goats, we will give you 5 goats.
What if my animals die?
No worries. Since you don’t own specific animals, this will not affect you personally.
How does the camel trading work?
You can buy a whole camel or a share of a camel. You can follow the latest local market prices in the app and decide to sell your camel or the shares when the market offers the best prices and make a profit.
When you decide to sell your camel or shares of a camel, we will pay you the current average market price you see in the app.
What are the camel shares?
To enable more people to participate, we have divided camels into 10 shares. You can purchase a whole camel or a minimum of 2 shares. That means you own 20% of a camel. If you want to buy a whole camel you can buy 10 shares. You can see sell your animal or shares at any time by following the local market prices for camels via our app.
What are the camels used for?
The camels are mostly used for milk production.
Do I get revenues from the milk?
Yes. Every quarter we will be distributing dividends from the milk sales to camel owners. Quarterly dividends will be 5% of camel’s purchase value for 6 quarters or until the owner sells animals. To be eligible for dividends from the milk a user must own at least 50% of a camel. Recording of milk dividends will start from June 1, 2018. The first distribution will be made at the end of the 3rd quarter. Payments will be deposited to owner’s balance in the app.
Who gets the offspring of the camel?
We usually buy lactating camels and sell them after the lactation period is over or earlier. We don’t usually wait for the camel to become pregnant again.
What is the pregnancy length of camels?
The pregnancy length (gestation period) for camels is around 9-14 months.
Do I own a specific camel?
No, but you own a specific number of camels or camel shares.
What happens if my camel dies?
No worries. Since you don’t own a specific animals, this will not affect you personally.
What is the life expectancy of camels?
Camels can live 40-50 years.
What do camels eat?
Camels are herbivores and will graze. Camel can survive without food and water long period of time. When they find water, they will drink as much as possible. They can drink up to 150 liters of water at once.
How does the goat & sheep trading work?
When you order goats and sheep, we buy them from local farmers, move them to our farm and sell on in the local market or for export. You can follow the latest local market prices in the app and decide to sell your animals when the market offers the best prices and make a profit.
What kind of goats and sheep are we trading?
Normally we buy goats and sheep that are used for local meat markets or for export.
Who owns the offspring if the animals get pregnant?
Normally we buy goats and sheep that are used for local meat markets or for export. We don’t keep them long enough to get pregnant.
What happens if my goat or sheep dies?
Since you don’t own a specific goat or sheep, that will not affect you personally.
Do I own specific goats or sheep?
No, but you own a specific number of goats and sheep in our operation.
About the app
What can I do with the app?
You can use the app to monitor your investment and follow its impact. You can see your animals, sell them, market price and your balance. We continuously post updates from our operation. You can also use the app to send animals as a gift to friends and family.
Can I get updates from specific animals?
Unfortunately that is no longer possible as it has put too much workload on our local team.
Where can I download the app?
Can I send animals as a present?
Yes, you can send animals to friends and family by just typing their e-mail address. They will receive a message from us.
Can I donate an animal?
Yes. You can do that in the app. Our local team will then find a suitable recipient and send you a picture and a thank you note from them.
About the farmers
Who are the farmers?
We buy animals from nomads who are livestock farmers in Somalia. Almost all of the livestock in Somalia are owned by the nomads.
How and where do they live?
Nomads move from one place to another in search of pasture for their animals. They lead an organic life that depends on the nature. They usually move during dry seasons in search of places where it has rained. For the nomads the animals are the priority. Right now, we work with nomads in the regions of Mudug and Lower Shabelle in Somalia.
How do you find them?
The nomads have mobile phones and we have local coordinators who are responsible in keeping in touch with the farmers and buying animals.
What do the animals eat?
The animals eat grass and other plants. They live in their natural habitat and are dependent on the nature.
How do the nomads/farmers survive?
The animals are the only assets that the nomads possess. When they need food they sell some of their animals in exchange for money or food such as rice, sugar etc. They drink milk and also sometimes eat their animals for meat.
How is Ari.farm helping the farmers?
We are helping the farmers in several ways. The nomads face problems during dry seasons such as finding buyers for their animals which leads to lack of food and starvation. We help them by giving a new market for their animals.
We also create jobs for former nomads at our farms.
About livestock market in Somalia
How many animals live in Somalia?
How much is livestock of Somalia's economy?
Livestock corresponds to 40% of Somalia’s economy. Livestock is the mainstay of the country.
Does Somalia export livestock?
Who owns the livestock in Somalia?
Almost all of the livestock in Somalia is owned by pastoral nomads who live in the countryside.
What is the local livestock market like?
Every town in Somalia has its own livestock market, where nomads bring their animals and traders buy from them. Animals are appraised by the traders and after intensive bargaining prices are agreed and payments are made.
Why do the nomads sell their animals?
Nomads need to sell their animals in exchange for food. The animals are their only asset.