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OPEC Fund Breaks New Ground with Sustainability-Linked Loan to Boost African Agriculture
25-Nov-2024 - 0 Comments.
The OPEC Fund for International Development (OPEC Fund) is stepping into innovative territory with its first-ever sustainability-linked loan.
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AfDB grants $260 million loan to strengthen agricultural sector and value chains to Congo
20-Jul-2024 - 0 Comments.
The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help finance the Project to Support the Development of Value Chains as part of its backing for the Agriculture Transformation Programme (PADCV-PTA).
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NABARD Issues Statement to Dispel Misinformation Regarding ‘Dairy Loan Yojana’
17-Apr-2024 - 0 Comments.
The National Bank for Agriculture and Rural Development (NABARD) issues a statement to address the recent misinformation circulating about the NABARD Dairy Loan Yojana.
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TRCMPU to launch interest-free loan scheme for dairy farmers from Jan 1
22-Dec-2023 - 0 Comments.
Thiruvananthapuram Regional Co-operative Milk Producers Union (TRCMPU) of Milma is all set to launch an interest-free loan scheme for dairy farmers from January 1, 2024 to step up milk production and solve the shortfall in procurement.
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Over 25,000 women farmers empowered: Kissandhan delivers INR 103 Cr micro-loan impact
21-Dec-2023 - 0 Comments.
In a major boost for Indian agriculture, SohanLal Commodity Management (SLCM Group) has announced that its agri-focused NBFC, Kissandhan, has disbursed INR 103.74 crore under its women empowerment scheme since its launch in 2021.
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Arya.ag crosses INR 1000 crore milestone on its fintech platform
27-Apr-2023 - 0 Comments.
Arya.ag, India's largest and only profitable agritech platform at scale, today announced its milestone of crossing INR 1000 crore worth of loan disbursals in a single year through its fintech platform – Aryadhan.
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SLCM’s agri-financing arm Kissandhan on-boards more than 9600 women loan beneficiaries
15-Nov-2022 - 0 Comments.
Kissandhan, India’s leading Multi Asset Agri Finance NBFC and a subsidiary of the SLCM Group, has on-boarded more than 9600 plus women loan beneficiaries through its BC (Business Correspondent) Partnership Lending Programme and disbursed more than 413.40 Million of loan to them.
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Dvara E-Dairy launches cattle loan facility for farmers in Tamil Nadu, Karnataka
01-Nov-2022 - 0 Comments.
Dvara E-Dairy Solutions Pvt Ltd has launched Dvara Surabhi Loan, a ‘True cattle loan’ offered digitally by leveraging new age technologies in partnership with Jana Small Finance Bank to create scalable access to finance for unbanked and underbanked small dairy farmers in Tamil Nadu and Karnataka.
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Cabinet approves interest subvention on short term agriculture loan of upto INR 3 lakh
22-Aug-2022 - 0 Comments.
The Cabinet, chaired by the Prime Minister, Narendra Modi has approved to restore Interest Subvention on short term agriculture loans to 1.5 percent for all financial institutions.
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Samunnati crosses cumulative disbursement amount of INR 37 crores for its pre-approved loan
02-May-2022 - 0 Comments.
Samunnati, an agri-value chain enabler, and India’s largest agri enterprise announced recently that its Instant Pre-approved Loans (Sam IPL), the digital lending solution to nascent Farmer collectives (FPCs/FPOs), has crossed the cumulative disbursement amount of INR 37 Crores across 600 loans since its launch last year in July 21.
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Morocco receives USD 180m loan from World Bank to support sustainable agriculture
28-Mar-2022 - 0 Comments.
The World Bank recently approved a USD 180m Investment Project Financing (IPF) loan to support resilient and sustainable agriculture in Morocco.
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Arya launches first instant loan service for farmers
15-Mar-2022 - 0 Comments.
Arya.ag, India’s leading integrated grain commerce platform, has announced that it has launched a first-of-its-kind single click agri instant loan for the farming community across India.
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UNILORIN secure USD 1.44m from Central Bank of Nigeria to set up poultry farm
07-Mar-2022 - 0 Comments.
The University of Ilorin (UNILORIN) has secured a USD 1.44m (N600 million) loan from the Central Bank of Nigeria to establish a commercial poultry farm to boost the production of eggs and chicken, Mikhail Buhari, the Deputy Vice-Chancellor Research, Technology and Innovation, of the university stated this while speaking with the local news agency.
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Indian government signs USD 115m loan agreement with World Bank for implementation of watershed projects
21-Feb-2022 - 0 Comments.
The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed a USD 115m (INR 869 crore) Programme (Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme) that will help national and state institutions adopt improved watershed management practices to help increase farmers’ resilience to climate change, promote higher productivity and better incomes.
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Kerala farmers can access 6.4% agri specific short term loan
21-Jun-2021 - 0 Comments.
The Ministry of Agriculture has come up with a short-term credit scheme for farmers who require funds to complete pending agricultural activities. All primary cooperative credit societies and the Kerala Gramin Bank will extend the loan support. The scheme is likely to be introduced by next week.
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IDBI Bank launched digitized automated loan processing system for MSME, agri-borrowers
02-Jun-2021 - 0 Comments.
IDBI Bank Limited has recently launched a fully digitized, end-to-end, Loan Processing System (LPS) for its MSME and Agri products, according to a media report.
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Post-harvest startup Arya crosses INR 200 crore loan book mark
05-May-2021 - 0 Comments.
Arya, India's leading post-harvest Agritech player through its digital financial solutions company, Aryadhan has crossed the book size of INR 200 Crores.
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National Cooperative Development Corporation secures INR 600 loan from Deustsche Bank
17-Apr-2021 - 0 Comments.
The National Cooperative Development Corporation (NCDC) has secured Euro 68.87 million (Rs 600 cr) loan from Deutsche Bank, Germany’s largest bank, for onward lending to cooperatives in the country.
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Post-harvest agri startup Aryadhan Financial Solutions disburse INR 100 Cr loan
29-Jun-2020 - 0 Comments.
Aryadhan Financial Solutions Pvt Ltd, the financing arm of post-harvest Agri startup Arya has crossed the book size of Rs.100 Crores.
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India gives benefits to farmers on crop loan repayments due to Covid-19 lockdown
31-Mar-2020 - 0 Comments.
In the wake of lockdown due to ongoing Covid-19 pandemic, the Government has extended the benefit of 2% Interest Subvention (IS) to Banks and 3% Prompt Repayment Incentive (PRI) to all farmers up to 31st May, 2020 for all crop loans up to Rs.3 lakh
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India extend crop loan grace period by 60 days more
23-Dec-2016 - 0 Comments.
Indian government is seized of the constraints faced by the farming community in repayment of loan dues within the prescribed time limit.
