- Investment Opportunities
- Agriculture
Agro Supply Limited
*This is a non-binding indication of interest and does not create an obligation to invest.
Agro Supply Ltd. https://agrosupplyltd.com Uganda empowers over 25,000 smallholder farmers with digital finance, hybrid and drought resistant seeds and access to better markets for their harvests. Its save-to-buy mobile layaway platform allows farmers to more easily use their own funds to purchase seeds and fertilizers and access up-to-date agronomy advice via SMS, a call centre, and village agents. This helps educate farmers on market conditions and assists farmers in selling their maize, sorghum and soy harvest at optimal market rates. Agro Supply has an internal R&D team that ensures farmers are supplied with tested and quality inputs (for example, drought-resistant seeds). After farmers have saved for three to four months, Agro Supply delivers the pre-paid packages to them before planting season. They have partnered with local and international seed companies across Africa to bring top-grade inputs to farmers. They operate primarily in Northern Uganda and serve smallholder farmers in remote areas, bridging the gap between input supply and market access. In May 2024 Agro Supply was recognized by the Financial Times as one of Africa’s fastest growing companies https://www.ft.com/content/a1bc5d2e-046e-499b-b27e-4d057f9d8477
Sow Good Investments entered into a Memorandum of Understanding for loans for the purpose of financing agricultural equipment. The term of the loans is 24 months with interest at a rate of 8.5%. We anticipate signing definitive financing documents with Agro Supply following the qualification of an offering and provided Sow Good Investments is able to successfully raise the minimum offering amount.
Once approved, an individual investment has the potential to earn 8% interest for a 2-year term. Sow Good intends to provide individuals the ability to invest in amounts ranging from $500-$20,000.
Disclosure: The company is “testing the waters” under the Securities Act of 1933. This process allows companies to determine whether there may be interest in an eventual offering of its securities. The company is not under any obligation to make an offering. It may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering might not be made. If the company does go ahead with an offering, it will only be able to make sales after it has filed an offering statement with the Securities and Exchange Commission (SEC) and the sec has “qualified” the offering statement. The information in that offering statement will be more complete than the information the company is providing now and could differ in important ways. You must read the documents filed with the sec before investing.
No money or other consideration is being solicited, and if sent in response, will not be accepted.
No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the sec has been qualified by the sec. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification.An indication of interest involves no obligation or commitment of any kind.