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.