September 8, 2021

Farm assets increase in value over time. The population is only increasing, and one study shows that the amount of food people takes in per day is steadily increasing. Choosing what to invest in as an early investor or a millennial can be intimidating. You can invest in the stock market or real estate or you grow wealth by investing in farming since no one is ready to cut food from their budget.

What is Agribusiness?

Agribusiness is the commercial sector that includes agricultural and farming-related industries. It encompasses the entire process of bringing an agricultural product to market, including production, processing, and distribution. In countries with fertile land, this industry is an important element in the economy, because agricultural products can be exported.

StockLyft focuses only on the processing and distribution part of agribusinesses. 

In simple words, we support food processing and distribution businesses, for example, individuals or businesses that aggregate farm produces from farm to market. 

We hold women-owned small and mid-size enterprises (SMEs) in high esteem because, at StockLyft, we believe they play a major role in most economies, particularly in developing countries.

How does Agribusiness Lending work on StockLyft?

StockLyft uses the Association of SMEs in Agribusiness to screen and select individuals or businesses. All qualified borrowers are members of an association or must be members.

After a successful campaign, a chatroom is activated in your StockLyft account. The chatroom consists of lenders who contributed to the campaign, borrowers, association members, and the StockLyft team.

The chatroom is for live updates and discussions on the campaign.

If StockLyft has launched its services in your country, inquiries on membership of any of our associations as a borrower in your country. Please contact us here: help@stocklyft.com

Due diligence and monitoring

StockLyft takes due diligence and monitoring very seriously as part of our responsibility to lenders and borrowers. We encourage all lenders to learn about the risks of lending on StockLyft as StockLyft does not guarantee repayment on any loans. Lending on StockLyft may involve loss of principal, for a variety of reasons including if the borrower doesn’t repay, the Association of Agribusiness SMEs or Drivers doesn’t repay, or from currency loss.

The level of due diligence relevant to a specific loan on StockLyft depends on a variety of factors, including how the loan is administered. Most loans on StockLyft are administered by Associations heading the various sectors supported on our platform (Agribusinesses, Transportation and Real Estate). StockLyft conducts due diligence on all Associations prior to allowing them to begin posting loans on the StockLyft platform.