These are trying times, but we still have reasons to hope.
FACING THE COVID-19 PANDEMIC
Dear Esteemed Investor,
We hope you and your loved ones are safe and well in these trying times. Since the beginning of the COVID-19 pandemic, we have placed safety measures to make sure that our employees, farmers, and partners are safe. Our office staff have complied with the various restrictions and lock-downs in place and where possible have been working from home. However, our field support staff face additional risks in performing their duties due to the need to travel, engage with farmers and collect commodities for supply to our partners.
In addition, many of the communities we support with access to finance and markets are in hard-to-reach areas. Under the current circumstances, we have come to the conclusion that carrying on-field operations would not only endanger the lives of our team and field officers but expose even our farmers, majority of whom are over the age of 60 and are most at risk of contracting the virus, to avoidable danger.
To reduce exposure to the virus, we have come to the difficult but necessary decision to suspend all farm visits and field activities, including collection and sales of harvests until further notice and have limited our monitoring to calls and texts. We have also advised all our farmers to stay at home and limit interactions so as to stay healthy during these trying times.
As a result of these extraordinary circumstances and measures, farm produce that is ready cannot be collected and supplied, nor can we conclude farm operations for other ongoing projects. As such investment repayment dates have been affected. And while we cannot give you an exact date of repayments yet, we know that we will weather this crisis together. We would continue to keep in touch with our farmers and partners, and once activities are restored, we would let you know the likely new dates in which to expect your investment repayments.
We understand that the delayed repayments upset your plans, but this is a situation that is beyond our control. Once again, we want to thank you for your understanding and your commitment to the task of empowering farmers and transforming the economy. We thank you for all your support and we wish you and your family good health and a COVID-19 free year.
Our online channels, contact lines, and chat desks will be available for any questions or inquiries you may have.
Please accept the assurances of our highest regards.
The Efarms Team
+234 705 6444 390