I have always dreamed of having my own business. So last year, I attended a franchising seminar in the SMX Convention Center. I initially wanted to have a food cart business. After that, I also interviewed my staff who previously had a food cart business. He mentioned that he needed a revolving capital for the first six months of the operation. Then, I realized that I wasn’t really ready to have a business.
In my desire to have extra income, I researched different options. I read forums that I found in Google search until I discovered DV Boer Farm (www.dvboerfarm.com) in one of the threads that I stumbled upon. I researched the company and reached out to the contact person via email. Here is the SEC registration of DV Boer Farm as posted on Facebook.
The contact person introduced me to profitable agricultural business program for beginners. She also sent me sample contracts of the different packages that they offer. That’s when I was introduced to a new concept, landless farming.
In this agri-business venture, I, the Paiwi partner, availed the services and farm facilities of DV Boer Farm as provided for under its Profitable Goat Raising Livelihood Program. Basically, in this venture, I availed 30 upgraded does and DV Boer Farm will take care of them for me for the duration of the contract which is 35 months.
The Paiwi Partner will earn based on the sale of the kids. There are four kidding cycles so there will be four payouts. At the end of the contract, DV Boer Farm will buy the 30 breeding does.
Last year, I was able to avail this package at Php 290,000. And it is good that I made that decision. I haven’t visited the farm where I availed my package since it is in Iloilo. I just asked for a picture of my goats. Meet my goats. =)
I had my first payout this year. Please see proof of first payout below.
How much do I earn from this venture? I will earn a total of 122% interest after 35 months.
Starting next year, the availment package will be reduced to Php 160,000 and earnings will be 45% interest after 35 months.
With this agri-business venture, I have a notarized contract which stipulates all the terms and conditions of DV Boer Farm. With regards to payout schedules, they are posted in the Paiwi Online web application.
The company is legitimate and has subfarms throughout the country.
I must say I am glad I availed this package. I still have my job in the company I work for and I have passive income.
I would still like to have my own business someday. I just need more preparation. As of the moment, I will keep the passive income separate and continue to re-invest the income I earn from it.
If you want to read my updates on my succeeding payouts, you can read my latest blog entry Goat Paiwi Program: My Passive Income Update.