Addressing rural finance challenges I need to Invest more per hectare to earn more per quintal
I need to invest more to get more Producing sesame is finance intensive. I have my cattle to be held as collateral Could group loan secure my request for finance?..... Farming involves risk We need to Collateral your assets We do not have your credit history You do not have a farm record You do not have diversified business Credit worthiness We run out of cash…..
Key Questions Q1: What additional risks impede agricultural lending? Finance Q2: How can informal money lending be replaced by more affordable options for formal credit. Finance/Farmer/FCU/PC Q3: How PCs and FCUs would be able to address the challenge of access to finance? FCU/PCs Q4: How is informal source of financing affecting the farmer? Is that possible to avoid/minimize the informal source? How? All Q5: How can we get more money in the system, to finance best agricultural practices (input credit) and finance marketing (output credit). All Q6: How the different stakeholders across the sesame value chain collaborate to address the challenge of access to finance? stakeholders
Actions to be taken