LEAF to support farmers with credit

LEAF to support farmers with credit

Lawrencedale Agro Processing India Pvt. Ltd. (LEAF), an integrated agriculture service provider, is organising financial support for marginalised farmers by tying up with non-banking financial companies (NBFCs).

Palat Vijayaraghavan, founder and CEO of LEAF, told The Hindu that it has tied up with four new- age NBFCs for this service and supported 800 farmers in the Nilgiris in the last two months. The credit extended to the farmers will be between ₹20,000 to ₹2 lakh and the repayment will be in six months.

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