Empowering Communities for a Brighter Future

More than 74 million Farmers in the country do not have adequate finance accessibility.
Safl finance solutions are reaching thousands of farmers ensuring prosperity and inclusive growth

45000+
No. of farmers touched

92000+
Hectares of land covered

782000+
Million liters of Water Conserved

Helped in the
new crops plantation

Assistance
to Widows

Increased
productivity

Bhoomiputra Summary

Farmers from Anjangaon Surji, a small taluka in Amravati district of Maharashtra, were facing troubles in irrigating their fertile land. The majority of the water used was acquired from a nearby dam. Shivar regions of the Dhanegaon and Borala village were the exceptions, farmers there were irrigating through their farm wells.

A reduction in rainfall over the last few years has reduced the water table to a critical level. The farmers have already spent their capital in their efforts to save their produce. And are facing more trouble due to the falling groundwater levels and irregular load shedding.

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Bhoomiputra Summary

Farmers from Anjangaon Surji, a small taluka in Amravati district of Maharashtra, were facing troubles in irrigating their fertile land. The majority of the water used was acquired from a nearby dam. Shivar regions of the Dhanegaon and Borala village were the exceptions, farmers there were irrigating through their farm wells.

A reduction in rainfall over the last few years has reduced the water table to a critical level. The farmers have already spent their capital in their efforts to save their produce. And are facing more trouble due to the falling groundwater levels and irregular load shedding.

While considering the available alternatives, they chanced upon the possibility of routing the available dam water to their farms. A group of farmers came together and decided to form a society(committee?) to take this project further. The society took the relevant permissions from the authorities to lift the water from the dam and their primary concern was the cost of the project. The total project cost was estimated to be Rs. 2.25 crore, which included a 12 km Pipeline form the dam, main canal to the farms, collection tanks, valves, and other measuring equipments. The society approached many banks and financial institutions for financial assistance but none showed any interest. Finally, the society came in contact with SAFL. After evaluating the economic and social impact of the project, SAFL decided to support the project with the required financial assistance. After the completion of the project, nearly 70 electric pumps have been closed, saving about 2500 units of electricity per day. The second significant benefit was the increase in the water level of the land. All these factors directly affect the standard of living of the farmers in that area.

Special lending for Widows

Widows in India are highly stigmatized, particularly in rural areas where they are regarded as unlucky. Many are subjected to abuse, kicked out of their homes, denied food and blamed for their husbands' death. The farmers' suicides manage to get attention but their widows are heavily neglected.

The vulnerable widow needs sustainable means to live her life with economic independence.

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Special lending for Widows

Widows in India are highly stigmatized, particularly in rural areas where they are regarded as unlucky. Many are subjected to abuse, kicked out of their homes, denied food and blamed for their husbands' death. The farmers' suicides manage to get attention but their widows are heavily neglected.

The vulnerable widow needs sustainable means to live her life with economic independence.

SAFL realized this problem and introduced a new and innovative initiative in the form of interest-free/very low-interest rate special financial assistance to widows of farmers in the Vidharbha Region, to begin with. The purpose of taking this initiative is to be socially responsible and aim at improving the means of livelihood among the affected families on permanent basis. The basic purpose is to enhance the means of livelihood on a sustainable basis, which enables the member of the affected family to earn a respectable livelihood and be in a position to return the principal amount with nominal interest with flexible repayment schedule without posing undue hardship.

The facility was introduced in the month of March and has already been provided to widows in Yavatmal and Wardha to start their own micro-enterprise such as a grocery shop, bangle shop, flour mill, cosmetics and stationery store, utensils shop, etc.and agri and allied activities in the form of Sprinkler Irrigation, Small Equipment Loans, Small Crop Loans, Drip Irrigation, Cattle Finance, etc.

Micro Irrigation System

Phulambari is located in the north-central region of Maharashtra in Aurangabad district. The city of Aurangabad is also the administrative capital of the centrally-situated Marathwada region. Farmers of Phulambari used to grow crops like cotton, gram, onion, and ginger but are currently facing trouble earning profits due to irrigation & yield issues. Majority of the farmers depend on seasonal rainfall & groundwater for irrigation. Late onset, early withdrawal, and sporadic monsoon are other factors which contribute to the woes. Measures to increase water supply such as the making of storage dams & ponds, recharging groundwater artificially and rainwater harvesting are costly and long term steps.

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Micro Irrigation System

Phulambari is located in the north-central region of Maharashtra in Aurangabad district. The city of Aurangabad is also the administrative capital of the centrally-situated Marathwada region. Farmers of Phulambari used to grow crops like cotton, gram, onion, and ginger but are currently facing trouble earning profits due to irrigation & yield issues. Majority of the farmers depend on seasonal rainfall & groundwater for irrigation. Late onset, early withdrawal, and sporadic monsoon are other factors which contribute to the woes. Measures to increase water supply such as the making of storage dams & ponds, recharging groundwater artificially and rainwater harvesting are costly and long term steps.

To overcome this problem, farmers of the Phulambri area desired to the use of Micro-irrigation technology. The benefits associated with this technology motivated a few farmers to adopt the system, and soon they realized better yield, fewer nutrients consumption, low labor requirement and reduction in irrigation cost. The system also supports the introduction of new crops with regular ones. The advantages were considerable, however, the adoption rate was slow mainly due to the initial cost of installation.

To advance the use of micro-irrigation, SAFL (Sustainable Agro-commercial Finance Ltd.) formulated an innovative solution. SAFL decided to finance this felt need with its USP of low turnaround time and doorstep service resulted in a low transaction cost for the farmers. The organization made sure that the repayments synergized with the harvest cycle of each farmer. SAFL alone and in tandem with dealers hold weekly & monthly village level meetings, facilitating sharing of inputs on agricultural practices and micro-irrigation technology.

Farmers were able to increase productivity by 40% approximately. Impacts from the drip irrigation include higher earnings, more diverse crops & low farming cost.

Testimonials


Corporate Office:

Sustainable Agro commercial Finance Ltd, 1st Floor, Marshall Building, Shoorji Vallabhdas Marg, Ballard Estate, Fort,
Mumbai - 400001
Boardline: 022-22101111 / Fax No.: 022-22105555