MadiKopele Barui - Cattle
Convert your life savings into money when needed, without undercutting the true value of your cattle.
- Cattle farmers wanting to sell to the Botswana Meat Commission are discouraged by payment delays of weeks or even months.
- MadiKopele Barui is the solution: get paid immediately after slaughter ... no more delays.
How does it work?
- Sign a MadiKopele Agreement before sending cattle to BMC.
- Inform MadiKopele of your bank account and contact details.
- Inform BMC of MadiKopele's bank account and contact details.
- Receive 75% of the BMC kill report value on the day of issue.
- Receive the balance on the day BMC pays.
Agreement fee: P25.00 per cattle head.
Commission for any part of the first 28-day period: 5% fixed.
Commission for subsequent 28-day periods: 5% prorated.
Case: you sell 3 cattle heads for slaughter
BMC kill report value: P30,000.00
BMC kill report till BMC payment: 42 days
Day 1 - BMC sends the kill report to MadiKopele:
- MadiKopele pays you 75% of the BMC kill report: P22,500.00
Day 42 - BMC pays MadiKopele:
- Balance of the BMC kill report value: P7,500.00
- Agreement fee: 3 heads at P25.00, P75.00
- Commission at 5% = P1,687.50
- MadiKopele pays you the balance = P5,737.50