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 institutional arrangements and diverse types of products and services including loans, deposits, insurance and remittances. Rural finance includes both agricultural finance and rural microfinance and is a sub-sector of the larger financial sector.

The use of securely stored goods as loan collateral.  A document is issued by a warehouse listing the goods or commodities deposited in the warehouse. The depositor can then use that receipt as a pledge to secure a loan from a bank or other lender. The lender places a lien on the commodity, so that it cannot be sold without the proceeds first being used to repay the outstanding loan.

Sfac - Agricultural Finance Services As agriculture sector contributes about 40% of worldwide employment and a 100% food production increase will be required in developing countries to feed the 2050 population, investment in agriculture sector is critical for driving global economic growth. The issues of food security, increased poverty in developing nations and overall imbalanced development of agriculture-dependent economies have highlighted the urgent need for development in that sector.

To know more visit - http://sfacindia.com/Aboutus.aspx

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