The startup offers an Agri-Fintech platform that connects small and marginal farmers with urban investors to facilitate microcredit access for various agricultural activities, including crop production and livestock management. By addressing the capital constraints faced by farmers, the platform enables seamless execution of farming operations through financial support from the urban community.
Funding
$280K 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
Small and marginal farmers often lack access to adequate working capital, limiting their ability to invest in essential agricultural activities and modern technologies. This financial constraint can lead to reduced yields, increased debt, and ultimately, abandonment of farming as a livelihood.
Solution
I Support Farming provides a platform that connects small farmers with urban investors, enabling peer-to-peer lending and access to institutional finance. The platform facilitates working capital for agricultural activities, including crop production, livestock management, and aquaculture. In addition to financial support, I Support Farming offers farmers access to technology, agronomic expertise, and market linkages to improve productivity and profitability. The company's services include on-field and remote crop monitoring, soil and water testing, and bulk purchasing of agricultural inputs. By providing a comprehensive suite of services, I Support Farming aims to empower farmers, promote sustainable agriculture, and create a win-win situation for both farmers and investors.
Target Audience
The primary target audience includes small and marginal farmers seeking access to working capital, technology, and market linkages, as well as urban investors interested in supporting sustainable agriculture and earning returns on their investments.
Features
- Peer-to-peer lending platform connecting farmers with urban investors for working capital
- Facilitation of conventional financing options through partnerships with commercial banks
- On-field crop monitoring with regular field visits and qualitative/quantitative issue assessment
- Remote field monitoring using drone and satellite-based field analysis for crop performance and soil moisture conditions
- Soil and water testing solutions to determine soil fertility, pH, moisture levels, and nutrient deficiencies
- Bulk purchasing of agricultural inputs such as seeds, fertilizers, and pesticides at negotiated rates
- Market linkage services connecting farmers with vendors for better market prices
- Mobile app providing farmers with critical knowledge and guidance on fertilizer use, crop rotation, and weather patterns