Partner a Project for profit sharing

Agro Trade Insights

What is som-bi?

Som-bi (Akan: join. Literally means "hold a part") is a platform for agro commodities sourcing and supply to fulfil a request for commodity project. It connects partners with impactful agricultural commodity trade projects in a transparent and secure ecosystem.

How are profits shared?

What are platform charges?

Who are the key players?

How does early exit work?

Profits are shared after project fulfillment and platform charges (6% of profit) and broker commission (4%) are deducted.

Partners are supposed to stay waiting till maturity (when buyer pays for the commodities supplied) usually between 1 to 3 and half months. In the case a partner is unable to wait till buyer pays for supplies. Som-bi Super (A liquidity provider) will payout the partner's principal contribution plus profit deducting the remaining days till fulfilment. Som-bi Super will then wait till project fulfilment to receive returns.

Payment to Partner Partner

Contribution plus projected returns minus number of days till project fulfilment.

Payment to Som-bi Super after paying early exiting Partner

Refund of principal paid to exited partner plus 1.2% of profit multiplied by number of days waited and deducted from exit partner's returns

Key players include partners, liquidity providers, fulfilment managers and brokers facilitating the deals.

Partner receives total principal invested plus percentage of investment in project budget of project profit minus platform and broker commission

Platform charges: 6% of profit

Broker Commission: 4% of profit

Partner Returns: Principal invested plus % of principal of project profit minus platform charges and broker commission

Som-bi Partner: Project Fund Contributor

Som-bi Super: Liquidity Provider

Som-bi Broker: Buyer intermediaries

Som-bi Platform: Project managers