Fellow Funders revisits its 2022 organic almond farm campaign in Ciudad Real

The story so far, in brief; the legwork, and the full article, stay with the original outlet.

In April 2022, the crowdfunding platform Fellow Funders presented Agroalmendros Eco, a company set up to buy thirteen hectares in Pedro Muñoz, Ciudad Real, and plant organic almond trees. Investors became shareholders in that company rather than owners of a patch of land. The plan was to sell almonds and pay out dividends. It foresaw partial harvests in 2025 and full capacity in 2026.

The project was tied to the team behind Alboris Mancha. Its promoter, Pablo Cuesta, has described that business as a manager of farm projects and a holder of estates, which sets up separate vehicles when outside investors take part. Alboris Mancha itself had closed a round on the platform in 2018.

Four years on, and now that 2026 has arrived, the platform has gone back over the campaign mainly to explain what it cannot say. It has no figures on production, sales or dividends, so the 2022 numbers stay forecasts. Raising money, it notes, is one event and making money is another. Crop insurance does not turn an expected dividend into a guaranteed one. Each later Alboris vehicle has its own contracts and terms. Fellow Funders is registered with Spain's securities regulator, the CNMV, as number 2, which it is careful to add says nothing about how many almonds a farm will produce.