Loan and Insurance
Loan:
Finance is very necessary in the beginning in agriculture. More than 80% of farmers in India have small or marginal size farms and have few income tools. Cannot provide necessary inputs in sufficient quantities and in time. Various schemes are prescribed by the government through banks for loans. But genuine and needy farmers remain deprived, and the process is delayed due to insufficient data and verification and the farmer does not get the loan on time. So due to lack of timely inputs even good production cannot be obtained, hence the farmer hardly repays the loan. There are other reasons, but this is also an important reason.
We provide satellite data and IT based services for farmers and banks. We provide facilities to farmers to apply for loans through mobile apps. We collect basic details and documents and send them to the bank. Provide backend platform to banks for decision loan is give or not! Based on satellite data of particulars farms. We provide criteria-based autosuggestions to banks to take decision to give loan or not.
Crop Insurance
Every year, food crops in India or a part of it suffer from natural calamities, "There is volatility in crop yield. In fact, losses of crores of rupees are caused every year due to natural calamities like good and bad years, wet weather and drought or floods and frosts. Due to this, the condition of the farmer becomes dire.
Agriculture to the extent that it enables farmer members to repay their loans over the years. By protecting the financial interest of farmers against crop failure, potential risk or loss, it accelerates the adoption of latest agricultural practices. It reduces the issue of rural indebtedness. It also reduces government expenditure on relief measures to some extent. It can act as an anti-inflationary measure by locking up part of the resources in rural areas.
We provide satellite data and IT based services for farmers and Insurance companies. We provide facilities to farmers to apply for Insurance through mobile apps. We collect basic details and documents and send them to the bank. Provide backend platform to Insurance Companies for mange Insurance applications and provide criteria-based autosuggestions decision tools Based on satellite data for Insurance companies to do claim process.
