A loan product for farmers via USSD aggregation . The recipient need not have a bank account to avail these loans as they can register with just a few taps from their phone. A holistic approach to ensure farmers are equipped with all the essential resources to enhance their livelihoods.
No need of a smart phone/ tablet for banking as they can just dial the USSD code to know everything starting from the status of their loan request to amount to be repaid including interests. Once they register through phone, an account is created where the loan amount is transferred to the farmers.
Farmers can get a training on various loan types and savings, farming types and how to grow money before as well as after registration on their phone. Through this platform, farmers will be exposed to new market opportunities , information about crop management and pricing. The menu on dialling the USSD code will have all the information they need to know including apply for a loan, check balance amount, repayment of loans, fund transfer, mini statements, tenure period, total interest, due dates and their loan status alongside loan balance and the outstanding balance to be paid with timely alerts and notifications.
We at MANAM help you integrate the farmer accounts to your product and also advanced and multi-layer security for all transfers and transactions done through your product ensuring a seamless customer experience.