FarmKlan Terms and Conditions

  1. This agreement spells out the terms and conditions (the “Terms”) between you (a “Sponsor”, “you”) and FarmKlan Limited (“FarmKlan”, the “Company”, “we”, or “us”) under which you agree to sponsor third party farmers to cultivate crops or raise animals through our company (the “Platform”).

    It is paramount that you read and understand these Terms carefully before taking a decision whether or not to invest. We suggest you seek independent advice when considering whether to sponsor a farmer with your money through the Platform.

    It is your responsibility to assess whether the Platform is suitable for your needs. By investing through the Platform, you confirm that you have the appropriate understanding of the opportunities and risks involved.

    By signing a hard copy of these Terms, you confirm your concurrence to these Terms.

  2. By registering as a sponsor on our platform, you have agreed to receive periodic updates on the status of the farm as well as other forms of communication electronically.

  3. You are entitled to request for a physical visit to your sponsored crop or animal farm. However, you must provide us with at least 12 days’ notice to arrange a visit.

  4. You agree that by sponsoring a crop or animal farm, your investment (the fund you contributed) will be tied down and unavailable for the entire duration of the farming cycle. Consequently, neither FarmKlan nor the farmers can or will refund your contribution until the successful completion of a farming cycle.

  5. You concur that any profits from a successful farming cycle of a Sponsor’s farm are remitted to a bank account you provide us with or to sponsor a farm for a new farming cycle.

  6. You admit that you do not own any of the crop or animal farms you sponsored and that you are only entitled to the proceeds of any farming project you participate in.

  7. By sponsoring a farm through our platform, you acknowledge that:

    • By sponsoring a farm through our platform, you acknowledge that:

    • By sponsoring a farm through our platform, you acknowledge that:

    • All your personal information that you provide us are accurate and true to the best of your knowledge.

    • All your proceeds or profits from the Platform will be transferable only into a bank account domiciled and operated in Nigeria.

    • You are not using any stolen, ill-gotten or illegal funds or attempting to launder by sponsoring a farm.

    • If you are accepting these Terms on behalf of a legal entity such as a company, trust or partnership, you are legally authorized to do so and we may request evidence of such legal entitlement. You are not breaching any laws or regulations that are applicable to you or any company, trust or partnership upon whose instructions you are acting.

  8. By registering as a sponsor, you authorize us to report your activities as a matter of obligation to the relevant authorities without recourse to you whenever we discover that our company is being used to launder money or do any other suspicious transactions.

  9. In line with our Risk Mitigation Policy, our company has obligation to reimburse or indemnify you the initial capital invested (without ROI/interest) if farm is wrecked by flood, drought or fails to produce yield according to projections.