Grain commerce platform Arya.ag has collaborated with Shivalik Small Finance Bank to extend financial assistance to farmers, agro-processors, and micro-enterprises. This partnership aims to facilitate over ₹200 crore in warehouse receipt financing in the current fiscal year, enhancing financial inclusion in the agricultural ecosystem.
Empowering Underserved Sectors:
- Arya.ag acts as a business correspondent for Shivalik Small Finance Bank.
- Focus on empowering farmers and MSMEs traditionally underserved by formal banking.
- Partnership assures financial institutions and fosters inclusivity for small agri-stakeholders.
Expanding Financial Reach:
- Initiative aids in expanding the bank’s reach across India’s agricultural landscape.
- Democratizes access to financial services, ensuring equitable pricing and consistent credit supply.
Seamless Alignment with Vision:
- Partnership aligns with Shivalik Small Finance Bank’s vision of focusing on underserved segments.
- Emphasis on digitally focused, affordable products.
- Arya.ag’s expertise enhances market penetration and speed of reach, making a meaningful impact on beneficiaries.