Should I invest With… Thrive Agric?

There’s been an increase in the number of brokerage companies offering investment opportunities to investors. As at the time of this publication, the number of FinTech companies playing in this space is estimated to be between 210 and 250.

These companies help to create apps or platforms for Saving & Investing using financial instruments, Agrotech, Crowdfunding, Mobile Payments, and trading of Cryptocurrencies. There are numerous apps for every category of investors. Whether you are a stock trader or an angel investor, there are apps suitable for you.

This article is the first in a new series we will be publishing on Femme Minty where we will review some of these platforms, to encourage you to cover your bases before making investment decisions. 

Today, we’re starting with a tech-driven agricultural company that is passionate about ensuring global food security. They collect funds to support farmers from customers and promise to give back decent returns at the end of each farming cycle. 

ABOUT Thrive Agric

Thrive Agric is an agribusiness platform tackling one of the world’s biggest challenges – matching food production with the rising population. Their premise is simple: Fund a farm, make a profit.

In addition, Thrive Agric promises detailed updates of the activities on “your farm”, from growth stages through to harvest. If you want to grow your funds while empowering farmers and promoting agriculture without getting your hands dirty, this just might be your scene.

How It Works

Presently, the Thrive Agric website boasts of 127,000+ acres farmed, 4,000,000+ birds raised, 170,000+ Metric Tonnes of Grains Produced and 100,000+ Farmers Worked With. You can only fund a farm depending on their availability. Once a farm is tagged ‘closed’, it means that the number of investment units on it have been exhausted. To access any of the Thrive Agric features, you have to sign up with your email account. After creating an account, you can choose a farm to fund. You will then receive updates, and subsequently returns on your investment depending on the funding duration. 

Return on Investment (R.O.I)

Thrive Agric returns vary from 7%-30% depending on the farm. The duration till maturity also ranges from 3-10 months depending on the farm. 


  • Allows for short-medium term investing (Your investment matures in less than a year).
  • Wide range of investment options (such as crops, poultry etc.)


  • Payouts may sometimes be delayed.

Our Recommendation

So you might ask, “Is it safe to Invest my money into a farm on Thrive Agric?”

Agriculture is a bankable sector, and Thrive Agric is a registered company that allows you to invest in agriculture. 

The company site states that it has insurance covering from Leadway Assurance Company Limited, which is one of Nigeria’s most reputable insurance companies. This means that LeadWay Assurance company will provide insurance coverage in the event of any loss both to the farmers and you, the investor. Apart from Leadway, they also have partnerships with FCMB, Sterling Bank, Royal Exchange, Food and Agro & Allied Industries, Tak Group Ltd. and Stallion Group. This is based on the information they have on their website. 

They also sometimes partner with Piggyvest, offering units in their farms on the Fintech’s Investify platform.

Here’s a Disclaimer though

Femme Minty is not in any way in partnership with either Thrive Agric or any of the above listed organisations or institutions. This article is just a “SpringBoard” to help you consider the side of the pool that has enough water that you can jump in. We advise that you thoroughly research other areas which this article didn’t cover. Consulting with a financial expert is also a good practice if you want to make any investment decision. 

Join the conversation! 

  • Are you currently an Investor on the Thrive Agric platform? What’s been your experience?
  • Are you Investing on another platform apart from Thrive Agric? Which one is it?
  • What platform should we review next? 


  1. Jadesola
    July 22, 2020 @ 4:37 pm

    Leadway Insurance categorically states that the insurance cover is for the Farm and not the investor. Leadway is not liable to make payment to the investor in case of loss. Payout will be to the Company who may or may not decide to then payout to the investors. This means that investment in Agrictech remains a very high risk in my opinion.


  2. Smart
    July 28, 2020 @ 9:23 am

    Thanks Jadesola for this information. I have plans to invest in some AgricTech companies such as Thrive Agric. Do you have a link I can visit for more information on this disclaimer you raised. I’d like to do more research before making my investment decision. I’d appreciate if you can reply me please. Thank you.


  3. Samuel Opara
    September 7, 2020 @ 2:32 pm

    ThriveAgric owes me. It is now over a year that my funds have been held hostage. The payout that has been due since Jun 5th, still a no-show. What Jadesola says is accurate. ThriveAgric does not prioritize crowdfunding investors. I am grossly disappointed. A tweet on this particular investment
    Hopefully, that gains traction.


  4. Bala
    September 10, 2020 @ 4:37 pm

    Thrive agric has recently failed to payout returns on some of its investments. they keep postponing payout date without any firm time on when such payments will be made. I currently have about one million hanging with Thriveagric and i would advice that you remain cautious if you want to invest your hard earned money in agroplatforms.


  5. Thrive Agric Investor
    September 22, 2020 @ 6:32 am

    Summary: Don’t invest.


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