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FAQs

FREQUENTLY ASKED QUESTIONS

1. Will I be required to rent my unit (pot or plot) at Ksh3000 each year for 5 years?
NO. The units are rented annually @Ksh3000/-. If you opt not to exit then it’s a one payment of 3K per unit
2. Can I rent more than one unit?
YES, you can. Each unit will cost you Ksh3000/-. Rent out as many pots as the program allows but don’t over stretch.
3. Can I make a one-time investment of Ksh3000/- per unit to cover my entire 5 year rent?
YES you can.
4. If I rent 15 unit, how much will I pay?
15 x 3,000 =Ksh45,000/-.
5. Can I increase the number of units that I rent in year 2 and beyond
YES you can.
6. After the first year, can I increase my investment.
YES you can. Your future investments will have new bigger programs.
7. Can I invest in 10 units and collect my returns for 5 units at the end of the year.
YES you can. Please inform us about your desire after we have received your investment via electronic mail.
8. After 5 years of renting, what next?
After 5 years, you then qualify to be a share holder of the company.
9. Will I be taxed for my earnings from this investment.
YES you will.
10. How will RAP transfer money to me the investor?
RAP is a modern agro-based management company; our desire is to use mobile or electronic funds transfer applications as much as possible. In the absence of any written instruction from you on your preferred mode of payment, we will use the details you used for sending us your investment.
11. Can we invest as a Group (Chama)?
YES you can. So long as your group has a registered money mobile number or a bank account details.
12. Am in the Diaspora, can I invest?
Surely, Make sure you provide us with your account details either locally or in the Diaspora. However, you will incur the processing charges for all remittance made to your account.
13. Is there a maximum number of pots a single investor can rent?
YES, maximum number of units one single investor can rent is 200 units in phase 3.
14. If I send in late payment, what happens to my funds?
As it is a first come first service project, once the pots are fully rented, your late payment will be rejected and sent back to you less transaction fee. Your refund will be made as quickly as possible after all reconciliation has been done at our end. To avoid late payment, follow us on our website; www.rentapot.co.ke
15. Can I request for a specific crop to be produced?
Yes you can, but it’s our prerogative to do our due diligence before we embark on growing crops outside our scope of crops.
16. Once I have invested, can I change my mind?
YES you can. As we intend to rent a limited number of units, after the closing date we will provide you with a cooling off period of not more 2 weeks to request for your investment.
17. Will there be a processing charge for transferring my investment funds?
YES. RAP does not charge any fees. However, our secure gateway service provider charges 3.5% processing fee for their service.