Overview

Finclus is an agri-fintech start-up that is working towards solving the problem of financial inclusion for farmers in India. Despite being the backbone of the Indian economy, many farmers struggle to access loans and other financial services due to high interest rates, processing fees, and long turnaround times. We aim to change this by partnering with governments, banks, the Reserve Bank of India, FPOs, think tanks, and the Ministry of Agriculture to provide farmers with a FINc ID, reducing the processing fees and turnaround time to a fraction. This will help farmers get loans in just 3 minutes at a 4% interest rate, with a 20% discount on Agri inputs delivered at their farm gate.