The platform intends to work and support 3,000+ FPOs impacting over 15-lakh farmers
Unnati, a fintech-driven agriculture ecosystem, has joined hands with Farmer Producer Organizations (FPOs) to empower farmers with tech-led business solutions by enhancing their economic strengths and market linkages to improve their income.
This year, Unnati intends to support 3,000+ FPOs that impact 15 lakh farmers. There are plans to increase this number to 10,000+ FPOs that will uplift the lives of one crore farmers by FY24.
Unnati is equipping the FPOs to leverage collective strengths and bargaining power to access financial and non-financial inputs, services, and technologies. This will allow the FPOs to optimise transaction costs and tap into high-value markets. Envisaging the empowerment of small farmers by supporting the FPOs directly via the digital FPO platform, Unnati has plans to do achieve this through digital payment services such as UPI, credit/debit cards, mobile wallets, etc., banking services, output sales, loan services, and brand promotions. The platform will also hold agro advisories and conduct farm predictions to reach its goal of enhancing farmers’ lives.
Amit Sinha, Co-Founder, Unnati said, “The FPOs, with Unnati’s digital solutions, will augment the farmer management, accounting, and inventory management, and will help streamline operations while also bolstering the overall business process. With these FPOs, we aim to ensure farmers have access to a one-stop solution that will provide them with digital solutions to improve their quality of life. We will be coming up with more such associations soon.”
