FPO
Small-scale farmers can connect with us through our Farmers Producer Organization (FPO) model. We partner with FPOs to enhance the livelihoods of small-scale farmers by promoting scalability and sustainability.
The minimum land requirement is 4 acres from the group of farmers or FPO members.
The land parcels should be within a village or block in a radius of 4-5 km.
The engagement period is for 5 years, with a lock-in period of 3 years.
The responsibility lies with FPO (operational partner) along with Matrix Farms. Farmers and FPO do not bear any expenses for these.
Matrix Farms will pay for these bills during the agreement period.
Matrix Farms owns the produce, and the responsibility for selling it lies with Matrix Farms through FPO.
Farmers receive monthly secured income, health insurance, pension, child education and a share in profits.
Participating farmers working as Bhumirakshak receive a fixed amount 96000 (8000*12) and health insurance cover of INR 50,000, ensuring risk-free income.
Farmers receive an assured profit share as returns for pooling their land with FPO for farming operations.
Even if the crop fails, farmers receive a fixed income, securing them against any loss, as they haven’t invested any money in the farms.
No, it is not a buyback model; the terms are pre-set and secured through legal agreements.
FPO receives a minimum assured amount in case of crop failure due to weather conditions. Operational mismanagement is not covered.
No, returns are calculated on the cumulative produce on the total land parcel, distributed in proportion to the total project size.
FPO is the operational partner responsible for cultivating the specific land parcel, managing on-farm activities as guided by Matrix Farm’s agronomy team, with all expenses covered by Matrix Farm.
FPO receives 5% of the profit share on the total project profit and an additional 1% incentive if 80% of the land area remains associated with Matrix Farms for a lock-in period of 3 years.
The responsibility for crop failure is on Matrix Farms; farmers are secured, and the risk is covered by Matrix Farms.
The responsibility for the loss lies with Matrix Farms.
There will be a blanket agreement with FPO and separate agreements with individual farmers through FPO by an annexure.