CROWDE is a financial technology platform that provides farmers in Indonesia with access to capital up to Rp100 million, enabling them to acquire high-quality agricultural inputs and labor financing. The platform facilitates the return of loans through crop yields while connecting farmers to optimal market prices, addressing the challenges of funding and market access in the agricultural sector.
Funding
$9.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Farmers in Indonesia often lack access to sufficient capital for essential agricultural inputs and labor, hindering their ability to optimize crop yields. They also face challenges in securing fair market prices for their harvests, further impacting their profitability and sustainability.
Solution
CROWDE provides a fintech platform that connects Indonesian farmers with lenders to secure financing up to Rp100 million. The platform facilitates access to high-quality agricultural inputs and labor financing, which are crucial for improving crop production. CROWDE also supports farmers by connecting them to optimal market prices for their yields, ensuring they receive fair compensation for their efforts. Loan repayment is facilitated through crop yields, streamlining the financial process for farmers.
Target Audience
The primary target audience includes Indonesian farmers seeking capital for agricultural inputs and labor, as well as lenders interested in supporting the agricultural sector.
Features
- Online platform for loan application and management, accessible from anywhere
- Provision of high-quality agricultural inputs and labor financing
- Guidance from agricultural experts during the cultivation process
- Access to markets with optimal pricing for agricultural products
- Loan repayment facilitated through crop yields
- Monitoring of projects to ensure smooth operation
- Standard Operating Procedures (SOPs) to maintain project efficiency
- Assistance in distributing harvests through CROWDE's partners
- Disbursement of funds directly through agricultural shops for project needs