How often do I get paid?
How often you earn an income depends on the type of asset you purchased. With solar panels you'll receive an income every month, with beehives and blueberry bushes twice a year after the honey and berries are harvested. This money is paid into your online Fedgroup Wallet. To ensure that bank charges do not eat into your profits, only balances of R300 or more are paid out into your personal bank account from your Fedgroup Wallet. You can leave the money in your Fedgroup Wallet or you can contact us to activate payment and we will automatically pay you out every time your balance exceeds R300. You may therefore wish to own more Impact Farming products, to ensure a more regular payout. All of the money in your account accrues interest of 4.5% p.a. until it is paid out to you.
When do I get paid?
Solar: Payments are made monthly. Returns will increase over time in line with energy price increases.
Honey: Payments will be made around March and October. The first harvest will be lower than average as the hive is still maturing, but this has been factored into your projected returns. As the hive and bee colony matures it produces more honey and your returns will increase.
Blueberries: Payments will be made around February and December. The first harvest will be lower than future harvests as the plant is still maturing, but this has been factored into your projected returns. Therefore, expect a lower-than-projected income in the first year, and then watch your income increase in subsequent years.