WHY INVEST IN FFF (T) LIMITED?

It is an opportunity to invest in a community that wants to learn. It gives a person an important challenge to make the community move from the old and primitive way of farming to the more profitable and sustainable agriculture. Therefore, there are many of reasons why a person should invest in this important agricultural project including;

i. To create skilled jobs and more equality
ii. To empower young single mothers
iii. To improve farming knowledge among local farmers and youth
iv. To improve health & wellbeing for the people
v. To give yourself an opportunity to participate in the local development of Ilula
vi. To be able to get a return on an investment after 4 years

DO YOU WANT TO BECOME A SHAREHOLDER IN FFF?

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Sunflower Luxemburg is a Diamond Shareholder in FFF

Tom O'Dea Managing Director,  Sunflower Montessori states

"We passionately believe that education is the surest route out of poverty for the people of Tanzania. We also believe that education begins at birth and continues throughout a lifetime.

 Farm for the Future aims to educate the entire community in the subject of agriculture and sustainability. Children from the Sunflower primary school, young mothers, farmers and many more will as a result of this education become more knowledgeable about this vital subject and therefore better able to fend for themselves and build a more prosperous community. 

 We are very impressed with the leadership team of FFF and it was for us a logical decision to become a shareholder. We look forward to watching our investment grow and more importantly to witnessing the profoundly positive effect we expect FFF to have in the community"

 

1.      BOOKING PERIOD AND PLACE TO PURCHASE

  • June 1st 2018-December 31st Payment should be completed one month after the booking deadline.
  • Shares will be available in Different locations as described below;
    • Ilula
    • Iringa
    • Dar es salaam
    • Norway
    • Lux
    • USA

2.      “B” SHARES RELEASED

A total of 100,000 shares will be released in 2018, one share has a value of Tsh 10,000

  • Minimum: One share
  • Maximum: Not exceeding 50 % of the total released shares

3.      FINANCIAL PROJECTION

The company’s function will depend on the financial inputs acquired from the investors and shareholders. It is therefore important for the smooth operation of the company to accumulate enough start-up capital for the initial investment. 

4.      CURRENT FINANCIAL POSITION

The cost is estimated to be 1.700.000 USD. The income for 2018 activities is expected to come from different sources including the funds from the new shareholders.

Currently, the company has received 375, 000USD from Kavli Trust Norway out of the total 580,000 USD and 19,000USD from IOP Luxembourg.

There are many possible sources to facilitate the funding for the planned 2018 activities, also including Norwegian Authorities and business in Norway, Tanzania, Luxemburg and USA.

5.      CONDITIONS OF SHAREHOLDER

FFF is a company that will accept individuals, groups or organizations that intend to buy a share of FFF for which the company shall issue a Share Certificate. Each shareholder will be entered into the Shareholders Register Book. Here the company will allot its shares to the Native and Foreigner share holder subject to the following criteria;

  1. Native shareholder
    1. Tax Identity Number (TIN) issued by Tanzania Revenue Authority
    2. Any recognised Identity Card such as NIDA, National electoral Commission Card
  • Permanent physical address and email address.
  1. Attain Age of majority.
  1. Foreigner Shareholder (natural person.)
    1. Tax Identity Number TIN issued by Tanzania Revenue Authority
    2. Passport
  • Permanent physical address and Email address
  1. Attain Age of majority.
  1. Foreigner Shareholder (Company.)
  1. Certificate of Incorporation or registration
  2. Permanent physical address and Email address
  • Passport ID for the director of a company or secretary (as this person will be signing on behalf of the company.)

 

  1. The following are ingredients for foreigner to acquire TIN (option)
    1. TIN application form
    2. Passport ,2 copies per each
  • An extract form Register

-Business Names (Registration) Act

-Certification of Incorporation

  1. iv) Estimate of tax payable by Instalments form

All forms are free from charge