Is Technology-Induced Agriculture All Set to Bring in Transformation?
Fintech Access
Finance is the major crisis faced by farmers for a long time now. The agri-tech start-ups have sorted this issue by providing access to the fintech. Previously, it wasn't easy for the farmer to avail credits for farm-related activities without any mortgage. As a solution to this major problem, the agri-tech start-ups offers low-cost digital-loans and permits the farmers to buy the required products such as seeds, fertilizers, pesticides, and more, on the point of sale. The farmers would be handed over a virtual credit card, availing which; they can purchase the required products from the retails channel partners associated with the Fintech.
