What is my investment?
Major investment is in the delivery van and the initial promotional expenses There is no investment in stocks or deposits.
What am I to do as KIAF franchisee?
Enlist the maximum number of the households as customers on the KIAF e-platform You are to promote sales of the KIAF farms’ produce You are to provide logistics to collect the goods from the hubs near the city and deliver it to the households in your area as per their orders Provide customer service
Am I free to sell my farm land?
Yes. The buyer needs to agree to sell the balance quantity of the produce on the TROT terms. Alternatively, you may buy back the balance TROT Agro units earlier sold by you and cancel them. You do not have to sell anymore on the TROT terms.
Can I put the names of my family members on 7/12 Extract?
Yes. The members are to agree to the TROT terms and conditions for selling the produce in the future on the TROT terms.
What if I cannot pay the compensation?
If your farm is damaged and cannot be restored to make cultivable again, you need not pay the compensation. KIAF may insure such losses or share the loss with the balance unit holders. If the payment is refused for any other reason, you shall be required to assign management of the farm to a
Can I refuse to sell my produce on TROT terms?
When the quantity of the produces agreed to be sold on TROT terms is completed by selling on the TROT terms, all your obligations under the TROT terms end. No money to be returned. It may take 8 years or even 12 years to sell the total quantity depending on the orders from the households.
When will by obligation ends?
When the quantity of the produces agreed to be sold on TROT terms is completed by selling on the TROT terms, all your obligations under the TROT terms end. No money to be returned. It may take 8 years or even 12 years to sell the total quantity depending on the orders from the households.
My existing produce can be sold?
Yes. You may start selling it on the KIAF platform.
Why are you giving free funding?
It is not free. The payment is made as an advance against the sale of your farm produce at pre-fixed rates to be sold over a period in the future. The sale is called selling on the TROT terms.
Who gives the money?
The amount is paid out of the sale of the TROT Agro units as the options to buy your produce on the TROT terms.
