Eighty five percent farmers with financial services, cuts farm wastage by 67 percent: Arya.ag Impact Report

Eighty five percent of farmers accessed financial services through Arya.ag's platform, and 87 percent of MSMEs accessed working capital, underlining Arya. ag's commitment to fostering financial inclusion. The platform's unique offerings were deemed irreplaceable by 60 percent of farmers, who found it difficult to identify a suitable alternative to Arya.ag. Notably, 79 percent of farmers reported an increase in their earnings due to Arya.ag's services. These are the highlights in an Impact Performance Report released by Arya.ag, India’s largest grain commerce platform. 

Arya.ag's latest Impact Performance Report, showcasing its transformative impact on farmers and Micro, Small, and Medium Enterprises (MSMEs) in the agricultural sector. Conducted in partnership with 60 Decibels and sponsored by Quona Capital, the report highlights Arya.ag’s role in expanding financial inclusion and reducing wastage across the agricultural value chain.

A key outcome of Arya.ag's intervention is the significant reduction in farm produce wastage. 67 percent of farmers reported a decrease in wastage, with 73 percent of individual farmers noting a reduction compared to 58 percent of farmers associated with Farmer Producer Organizations (FPOs). The reduction in wastage was more pronounced in South India, where 64 percent of farmers reported a substantial decrease in farm produce wastage, compared to 35 percent in the rest of India.

For MSMEs, Arya.ag's impact was equally in-depth. 86 percent of MSMEs reported an improved ability to plan and manage working capital, while 89 percent experienced enhanced access to raw materials at the right time, demonstrating Arya.ag's role in strengthening the agricultural supply chain.

Speaking about the report, Prasanna Rao, CEO and Co-founder of Arya.ag, stated, "These results validate our mission of creating equitable value chains in agriculture. By bridging critical gaps in finance and market access, we’re not just improving businesses; we’re transforming lives and fostering inclusive growth across India’s agricultural landscape."

Looking forward, Arya.ag is committed to refining its offerings based on these insights, with an ambitious goal to impact over 10 million farmers in the next 3-4 years. The company plans to facilitate over $3 billion in agri-loans and create commerce linkages of over $4 billion, while expanding its storage footprint by more than fourfold by 2028.