Micro-Finance (MFI) for farmers provides small-scale financial services such as loans, savings, and insurance to rural and low-income farmers who lack access to traditional banks. These services help farmers invest in seeds, tools, fertilizers, and irrigation, boosting agricultural productivity. MFIs typically offer collateral-free loans with flexible repayment options, often using group lending models to ensure accountability. This financial inclusion supports poverty reduction, enhances food security, and promotes rural development.
A Bank for Farmers is a financial institution or a specialized branch of a bank that focuses on providing financial services to farmers and the agricultural sector. These banks offer products like agricultural loans, savings accounts, crop insurance, and rural development schemes. They help farmers access credit for buying seeds, equipment, and fertilizers, and support them during crop failures or natural disasters. By promoting financial inclusion and stability, banks for farmers play a key role in boosting agricultural productivity and rural economic growth.
Insurance for farmers provides financial protection against losses due to risks like crop failure, natural disasters, livestock diseases, or equipment damage. Common types include crop insurance, livestock insurance, and weather-based insurance. These policies help farmers recover from unexpected setbacks, maintain income stability, and reduce reliance on debt. By minimizing the financial impact of agricultural risks, insurance supports long-term sustainability and growth in the farming sector.
Non-Banking Financial Institutions (NBFIs) for farmers are financial organizations that provide services like loans, leasing, insurance, and investment without holding a banking license. They play a crucial role in rural areas where traditional banks have limited reach. NBFIs offer flexible and accessible credit to farmers for purchasing seeds, fertilizers, equipment, and other agricultural needs. They help promote financial inclusion, support agricultural development, and reduce farmers’ dependence on informal moneylenders.
We work with financial institutions and lending partners to offer financing for Micro Small and Medium Enterprises in the agriculture sector including farmers, traders, input retailers and other agri businesses. We use alternative data and a proprietary credit scoring algorithm to identify the viability of the customers. Our lending partners approve the applications and transfer the fund within the shortest possible time. We work with these Agri MSMEs, providing them with advisory services, training, data collection and monitor them to ensure that their businesses are profitable and they can repay back the money on time.
Besides working with financial institutions, we also help unlock financing from individuals who want to fund in agriculture projects and want to earn profitable returns while also creating impact. We offer various sizes of funding in a wide category of agriculture projects which are managed by farmers. We offer attractive yields for the funders and also de risk their funding through insurance offerings. Most importantly we offer full transparency of the full process.
