Lend responsibly, lowering default risk and optimize field checks
We combine financial, behavioural & farm data to provide farmer credit scores, lowering lender risk and farmer cost of credit
Book DemoWe enable lenders to
Assess loan applications
Combine traditional financial history with satellite-based farm progress to offer scores.
Monitor farms
Monitor customer farms, optimize field visits and intervene early
Onboard customers
Simplify customer onboarding, including geotagging capability with a secure, centralized platform.
Conduct eKYC
Farmer ID / liveness checks via CamDX database
Geotag farms
User-friendly, minimizing number of clicks
Why adopt data-based lending?
Traditional lending that is based on collateral has caused high interest rates for farmers due to the risk of losing lump sum and high operational cost for lender.
Lending based on data-driven solution can:
- Decrease default rate for lender
- Accurately check farmer creditworthiness
- Reduce operational cost
- Easily monitor farmer progress
- Early intervention in case of emergency
Our partners
Our platform places farmers at its core but also benefits other stakeholders such as financial institutions, suppliers, farming businesses, and buyers.
Farmer
Microfinance institutions
Bank
Insurance companies
Agricultural suppliers
Commodity buyers
Focusing on the agricultural community, konektAgri directly impacts at least 7 sustainable development goals
