This agri-tech platform provides embedded financing solutions, quality input sourcing, and direct market access for smallholder farmers. The company connects farmers with institutional investors, enabling low-cost funding while offering investors better ROI opportunities. Data and technology are leveraged across the value chain to improve farming efficiency and pricing for all participants.
Funding
$120K 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
Smallholder farmers in Bangladesh often lack access to adequate financing, quality agricultural inputs, and direct connections to markets, hindering their productivity and profitability. They also lack access to up-to-date market data and modern agricultural knowledge, making it difficult to make informed decisions.
Solution
WeGro is an agri-fintech platform that addresses these challenges by providing smallholder farmers in Bangladesh with access to finance, quality inputs, markets, and data. The platform connects farmers with urban and institutional investors, enabling investors to achieve better ROI while providing farmers with low-cost, timely funding. WeGro also facilitates access to quality agricultural inputs by connecting farmers and agritech providers with the best input suppliers. Furthermore, the platform directly connects farmers to end markets, ensuring they receive the best prices and returns, and provides them with the latest market data and agricultural knowledge to improve decision-making.
Target Audience
WeGro serves smallholder farmers in Bangladesh seeking access to finance, quality inputs, and markets, as well as urban and institutional investors looking for investment opportunities in the agricultural sector.
Features
- Mobile application for investors to view and fund agricultural projects based on preferred investment volume and duration
- Full value-chain model offering tangible growth opportunities for farmers and investors
- Disburses loans in cash and farming inputs
- Offers tailored insurance coverage for crop protection and principal investment protection
- Farmer credit scoring and field data analysis for accurate risk pricing
- Facilitates access to finance, quality inputs, and markets for farmers
- Provides farmers with the latest market data and agricultural knowledge