Posts

What is Sfac - Agricultural Finance Services

Sfac - Agricultural Finance Services   is a major source of livelihood throughout the world, especially for the majority of poor people living in rural areas in developing countries. A key challenge for the majority of these farmers is - access to finance. Lack of access to finance is a key impediment to farmers in improving the efficiency of their productions and adopting better technologies.  We primarily work on agriculture finance, agriculture insurance and its linkages with agriculture finance.  Sfac - Agricultural Finance Services -related activities, from production to market. Not all  Sfac - Agricultural Finance Services  is rural, and not all rural finance is agricultural. Yet financial service providers offering rural, micro- or agricultural finance often have overlapping objectives and opportunities.   Provision of financial services to a heterogeneous rural farm and non-farm population at all income levels. It includes a variety of formal, informal and semiformal
Post a Comment
Read more

What is finance in Agriculture?

Meaning of finance in Agriculture . finance in Agriculture generally means studying, examining and analyzing the financial aspects pertaining to farm business, which is the core sector of India. On the one hand, farmers can easily fall into debt; on the other, it is difficult for farmers to access financial capital to expand production and marketing. The chapter reviews diverse and innovative forms of financing that can improve services in many circumstances.A final caveat is that implanting sustainable models of integrated agricultural development services can take years. Definition of finance in Agriculture . Murray (1953) defined agricultural. finance as “an economic study of borrowing funds by farmers, the organization and operation of farm lending agencies and of society’s interest in credit for agriculture .” Tandon and Dhondyal (1962) defined agricultural. finance “as a branch of agricultural economics, which deals with and financial resources related to individu
Post a Comment
Read more

How SFAC can help in getting Agricultural Bank loans in India ? or How Sfac give Agricultural Loans in India ?

Image
First let us know what is  SFAC? SFAC is an exclusive Society focused on increasing incomes of small and marginal farmers through aggregation and development of agribusiness. Secondly, what is Agricultural Bank loans in India ? An  Agricultural Bank loans in India  is an overdraft facility which could be used to meet the cost of farming, and working capital activities for agri-business and associated activities.  India is predominantly an agricultural economy and the nation thrives on the basis of this sector.   Farming is a set of many activities that are involved in transforming a seed to an end product. There are a lot of techniques, procedures and equipment involved in advanced farming. Agriculture loans are generally low interest loans that farmers can avail to run their farming business more efficiently. How SFAC can help in getting Agricultural Bank loans in India ? The interest rate for farm loans is usually capped at 9% per annum. That being said,
Post a Comment
Read more

Brief Detail Agricultural Financing and Agricultural Financing in India

Agricultural Financing and Agricultural Financing in India generally means studying, examining and analyzing the financial aspects pertaining to farm business, which is the core sector of India. The financial aspects include money matters relating to production of agricultural products and their disposal. Agricultural finance studied at both micro and macro level. Micro finance deals with different sources of raising funds for agriculture as a whole in the economy. Agricultural Financing and Agricultural Financing in India And it is concerned with the study as to how the individual farmer considers various sources of credit, quantum of credit to be borrowed from each source and how he allocates the same among the alternative uses with in the farm. Hence macro-finance is related to financing of agriculture at aggregate level. Micro-finance refers to financial management of the individual farm business units.It is also concerned with the future use of funds.It is also concerned with
Post a Comment
Read more

Small Farmers’ Agri-Business Consortium

Small Farmers Agribusiness Consortium (SFAC) is an Autonomous Society promoted by Ministry of Agriculture, Cooperation and Farmers’ Welfare, Government of India. It was registered under Societies Registration Act XXI of 1860 on 18th January, 1994 The Society is governed by Board of Management which is chaired, ex-officio, by Hon’ble Union Minister for Agriculture and Farmers Welfare as the President and the Secretary, Department of Agriculture, Cooperation and Farmers Welfare, Government of India, is the ex-officio Vice-President. SFAC is implementing the central schemes of Government of India namely VCA, EGCGS for economic inclusion of small and marginal farmers in agribusiness activities. Society is pioneer in organising small and marginal farmers as Farmers Interest Groups, Farmers Producers Organisation and Farmers Producers Company for endowing them with bargaining power and economies of scale. It provides a platform for increased accessibility and cheaper availability of
Post a Comment
Read more