Agriculture Support Company Seeking Loan in Cooch Behar, India

- The legal entity falls under a parent organisation that has been registered as a NGO.
- Company rents out and sells farm equipment. They are also involved in poultry and duck rearing and fisheries based operations. Around 50% of the business's revenue are from renting out and selling farming equipment with 25% coming from poultry and duck rearing and the remaining 25% coming from fisheries based operations.
- Established 56 FPOs (Farmers Producer Organisation), 31 FPCs (Farmer Producer Companies) and 17 women agri enterprises. Established 68 rural women poultry / duck rearing units. Company sells their products through these FPOs and FPCs. They also display and sell their smaller farming equipment through the showroom.
- Parent NGO provides paid training to farmers, undertakes soil-testing and sells agricultural inputs such as pesticides and insecticides.
- Dealer of major farm equipment manufacturers in India for instance - Yanmar Coromandel and Mahindra. The organisation has sold over 130 farm equipment so far (rice transplanters are the highest selling farm equipment). Rents out 6 - 7 rice transplanters. Charges a hiring fee that depends on the proximity of the farmer to the main center (upto 10 kms charges INR 500-700). Also charges a rental fee of INR 4,500 (includes paddy seeding) per acre in addition to the hiring charge.
- Dealer of Godrej Agrovet (GAVL) animal feed and fishery feed.
- Has an IMC pond fishery that has an area of 7 acres. Also involved in tarpaulin fisheries model with tanks coming in two tank varieties i. e. 14x7 square feet and 20x15 square feet. Also involved in bioclock fisheries. Established 58 Biofloc fisheries units so far. Tied up with Agrostar company for this purpose.
- The organisation directly reaches out to 30,000 farmers and indirectly to 2,00,000 farmers.
- Involved in a variety of social initiatives. Works with a woman farmer producer company that is exclusively oriented towards women farmers and are experts in conservation agriculture (does not harm the soil, reduce carbon footprint, avoids the use of inputs). Help farmers in reducing their costs significantly. Also involved in setting up custom hiring centers.
- Created 5 franchises under its Krishi e-Samadhan initiative.
- The company is trademarked and has MSME licenses and a Certificate of Importer and Exporter Code (IEC) under the Director General of Foreign Trade.
- The company owns 3 combine harvesters that costs INR 27,00,000 each, 10 rice trans-planters that cost INR 2,80,000 each and 1 maize pulverizer that costs INR 3,00,000.
- Tied up with leading banks like SBI and PNB for financing purposes.
- The CEO has 10 years of experience in rural development agriculture.