Crop Insurance
MAXIMIZING RETURNS/RELIABILTY.
PER ACRE.
FARMER
- Access to Finance at reduced risk
- Better Resources
- Prosperous Farmer
LENDING COMPANIES
- Effective Credit Risk Assessment
- Alternate Data for Lending
- Farm score generation for Benchmarking
- Reduced Cost of Operations
- Post disbursal Monitoring and Audits at plot level
Challenge
- Credit Risk Assessmentdue to lack of historical performance and risk profile
- Information Asymmetrydue to lack of alternate data source
- High Cost of Operationsas the lending personnel have to physically check on every farmer loan
Utility
- CropIn provides Agri Alternate Data for quick and accurate decision-making.
- Effective Credit Risk Assessment through Agri Alternate dataWeather Risk Prediction, Plot Benchmarking using historical analysis and Yield Prediction using satellite imagery enable effective risk assessment.
- Plot Based Monitoring SystemProprietary machine learning algorithm built on satellite and weather data is used to give insights at plot level.
- Loan UtilizationAccess real-time crop sowing & performance details, and track harvest cycles so that you can follow up on payments based on plot performance.
- Operational EfficiencyReduced cost of operations through one step farmer KYC, pre-disbursal evaluation & post disbursal monitoring and audits.
