Despite of subsidized interest agriculture financing program brought by government of Nepal in its financial policy in 2014, its still limited to a handful of people only. As per central bank data, by the end of 2019, only 20791 borrowers have access to the subsidized agriculture loan amounting nearly 45 Billion rupees. Financial institution in Nepal has provided loans amounting nearly 3500 billion rupees in total by that time. In a country with the population of 28 million, and with more than 60% of people engaged in agriculture for their livelihoods it’s a miserable situation. Regarding this scenario, this initiative has designed and implemented a very innovative model to provide access to finance, business development services and extension services harnessing the digital potential in partnership with various stakeholders. The initiative will access the capital needed for the individual farming families in co-operation with local government agencies, and needed credit will be disbursed through a QR code card which can be accessed only with the merchants/vendors which supplies agriculture inputs. This controlled flow of credit restricts farmers using the loan amount except for the agriculture purpose. It ensures, inflow of credit for the stated purpose and further generates a huge chunk of data which helps to deliver other value added services to small holding family farmers. We are the first organization in Nepal to rollout the Farmers Credit Card system in cooperation with financial institutions of Nepal. Kisan Credit Card system bridges the gap between farmers & financial institutions in Nepal. We envision to bank at least 1 million farmers by the end of 2025 through this system.
For Farmers (कृषकका लागि)
कृषि उद्यम शुरु गर्न चाहने वा गरिरहेकाहरुको लागि किसान क्रेडिट कार्ड मार्फत शुरुवाती पूँजीको जोहो गर्न सक्छन् । यो कार्डमा अधिक्तम रु २ लाख सम्मको कर्जा प्राप्त हुने भए पनि यसकार्डबाट नगद भने निकाल्न मिल्दैन । कार्डमार्फत नेपालभर रहेका कृषि सामग्री बिक्रेताबाट कृषि सामग्री , मल, बिउ, विषादी, औजार तथा मेसिनहरु भने खरिद गर्न मिल्छ । नेपाल सरकारको व्याज अनुदान कार्यविधि अन्तर्गत उपलब्ध हुने व्याज अनुदान यसमा प्राप्त हुन्छ तर त्यो प्राप्त गर्नको लागि नियमित रुपमा कर्जाको किस्ता वा व्याज भुक्तानी भने गरेको हुनु पर्छ । तपाईलाई यो कार्डबारे थप जानकारी चाहिएमा तल उल्लेखित विवरण उपलब्ध गराउनु होला ।