Kissandhan offer
financing solutions irrespective to the financial statement of the borrower,
the emphasis is on the agri collateral (the crop) that the borrower pledges and
hence it takes away the distinction between the 'Have' and the 'Have nots' and
brings in real financial inclusion.
With the
launch of Kissandhan, we have become the first company in this sector to provide
finance against farm products after arriving at valuation of the goods stored,
using collateral at risk model. Kissandhan has sanctioned and disbursed loans
across India covering many states and large number of commodities including
Pulses, Wheat, Chana, Castor seed, Mustard, etc. The disbursement till date is
done in more than 33 warehouses and has handled close to 5000 storage receipts amounts
to about 130 crores in first year of its operations which clearly denotes
success of the initiative.
SLCM has tied-up
with several private & government sector banks to help Indian farmers to
complete post harvest activities and avail storage facilities for their produce.
The tie-up for warehousing receipt
financing and collateral management
services has helped the farmers tremendously to get affordable
post-harvest credit and fair price discovery of their produce.
SLCM
leveraging its expertise in agri logistics domain has already started
operations in Myanmar and looking for expansion to other African & ASEAN countries
as well. The Group has the first mover advantage in the sector & has been
leading the path for other players in the market.
The Group has
been conferred with Emerging Warehousing Company Award by CPAI, Exemplary
Position in Supply Chain & Logistics – Agri Warehousing Category by CII
Scale, Global CSR Excellence & Leadership Award for Fair Trade & Supply
Chain, and Emerging Brand for Rural Impact Award by CMO Asia, Innovative 100
Company by Inc India & CPAI Award for Excellence in Warehousing. And Mr.
Sandeep Sabharwal – CEO SLCM Group was recognized amongst the Most Innovative
CEOs by Inc India in Dec 2014.
The group is accredited as a preferred warehouse service provider by
three exchanges including MCX, ACE
& NMCE.
