HBH Diaspora Off-Take Initiative

KEY FEATURES OF THE HECTARE BY HECTARE DIASPORA OFF-TAKE INITIATIVE

This is an ambitious initiative designed to enable Africans in diaspora Off-take Food and Agricultural Produce directly from Rural Farmers and Food Processors within Africa at a significantly discounted rate without paying money in advance.
Food items are shipped to Sub-Consolidators in diaspora on credit, who in turn will deliver same to consumers based on orders aggregated in advance from the participating consumers within their catchment areas.

TRANSACTION DYNAMICS FOR PARTICIPATION OF SUB-CONSOLIDATORS.

  1. ADCL shall appoint Sub-Consolidators for each Country.
  2. ⁠The Sub Consolidators shall be responsible for On-boarding consumers on their Hectare by Hectare Social Medial Platforms and delivering Food items to them based on Pre-orders.
  3. ⁠Each Sub-Consolidator shall make profit from every item purchased by Consumers within his/her network.

ARE YOU INTERESTED IN EARNING SUSTAINABLE INCOME AS A SUB-CONSOLIDATOR?

REGISTRATION PROCEDURE

  1. You shall formally express interest to participate as a Sub-Consolidator.
  2. Upon receipt of your expression of Interest a Formal appointment letter shall be issued to you.
  3. Upon receipt of your Formal appointment letter, you shall execute an Cautionary Deposit Instruction in favor of UBA PLC.
  4. ⁠Upon execution of the Cautionary Deposit Instruction, you shall deposit a minimum of $500 (Five Hundred Dollars into the UBA Cautionary Escrow Account, Which shall serve as a collateral for goods that will be sent to you from time to time on credit.
  5. You may also choose to open a diaspora account with UBA Plc. https://aop.ubagroup.com/SignUpProcess/Index
    Where you choose to open a Diaspora Account, you shall be required to provide the necessary instructions that will enable the account serve as a collateral for goods that ADCL will send to you from time to time on credit.
  6. Upon payment of your Cautionary Deposit or Delivery of your Instruction against your Diaspora Account, you shall be added to the HectarebyHectare Transactions Platform, after which you can commence business.

TRANSACTION DYNAMICS FOR ORDERING OF FOOD ITEMS BY SUB-CONSOLIDATORS.

  1. ADCL shall from time to time publish available items on the Transactions Platform.
  2. Sub-Consolidators shall in turn re-broadcast available items on their social media platforms for their consumers/participants.
  3. The Consumers/Participants shall place their orders through their Sub-Consolidators.
  4. ⁠Upon receipt of Such orders, the Sub-Consolidators shall aggregate such orders and notify ADCL.
  5. ⁠Upon receipt of the Orders from the Sub-Consolidators, ADCL shall in collaboration with local Produce Aggregators and Farm To Home Agents finance the Purchase and shipment of the items.
  6. ⁠Upon receipt of shipment from ADCL, the Sub-Consolidators shall distribute the items to the individual Consumers/Purchasers under them.
  7. ⁠Upon receipt of payment from the individual Purchasers, the Sub-Consolidators shall remit same back to ADCL less their profit.

BENEFITS ACCRUING TO STAKEHOLDERS

  1. ADCL – Administrative/Aggregation Fee.
  2. ⁠Sub-Consolidator – 40% of net income from each item Purchased by the Consumers.
  3. ⁠Produce Aggregator and Farm To Home Agent – 60% of net income from each item Purchased by the Consumers.

GENERAL BENEFITS OF THE INITIATIVE

  1. Extra income for Sub-Consolidators.
  2. Increase in employment and reduction of insecurity within Africa.
  3. ⁠Wealth Creation for all participants.
  4. Increase in inflow of Foreign Exchange into Africa.
  5. Sub-Consolidators shall enjoy 30 days credit for every order placed by them.
  6. Items shall be cheaper than what is obtainable in the open market.
  7. ADCL shall guarantee quality and traceability of any item that is supplied, as the goods are coming from Registered Farmers and Produce Aggregators.
  8. Where a participant introduces a Sub-Consolidator, he/she shall be entitled 10% of Administrative/Aggregation Fee payable on all the transactions introduced by the Sub-Consolidator.
  9. You can Participate and Earn money in Dollars by just Introducing a Diaspora Sub-Consolidator. You can also earn money by Financing the Procurement of Produce as a Produce aggregator.

Kindly fill form below to express interest

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