Fwd: Nabkisan Finance

[GUJPRO AGRIBUSINESS CONSORTIUM]

FYI

> > ---------- Forwarded message ----------
> > From: "nabk...@nabard.org" <nabk...@nabard.org>
> > Date: Feb 11, 2017 11:34 AM
> > Subject: Financing of Producer collectives: National Conference on FPOs
> > conducted at IRMA
> > To:
> > Cc:
> >
> > Dear Sir/Madam,
> >
> >
> > Please refer to the discussions held during the National Conference on FPOs
> > organised at IRMA from 2nd to 3rd February '17.
> >
> >
> > NABKISAN Finance Ltd., subsidiary of NABARD, focuses on providing credit
> > assistance to Farmers Producer Organisations (FPOs). NABKISAN adopts a
> > flexible approach in supporting the FPOs that are broadly conforming to the
> > lending parameters so as to bring them into the financial fold. We have so
> > far been able to reach out to approximately 150 FPOs through direct credit
> > support or through supporting agencies which onward lend to them.
> >
> >
> > 2. Taking into account the profile of various FPOs, we have designed the
> > following five types of loan products to meet the credit requirements of
> > these producer collectives.
> >
> >
> > ----Loans to POs/FPOs that are eligible for assistance from SFAC towards
> > equity/credit guarantee cover.
> >
> > ----Loans to POs/FPOs that are not eligible for assistance from SFAC
> > towards equity/credit guarantee cover but can offer collateral securities.
> >
> > ----Loans to POs that are not in position to provide collaterals.
> >
> > ----Loans to start up FPOs/POs with small size of business.
> >
> > ----Loans to Promoting Institutions for on lending to POs.
> >
> >
> > 3. Broad lending norms adopted by NABKISAN for financing FPOs are given in
> > the Annexure for your reference. We would be glad if you could identify
> > eligible FPOs promoted by/associated with you under various programmes for
> > enabling us to consider them for meeting their loan requirements. To
> > facilitate this we are attaching a format for capturing basic financial and
> > operational details of such FPOs
> >
> >
> > We look forward to your active involvement and cooperation in our endeavor
> > to support the POs to enable them to emerge as viable business entities in
> >
> >
> > ----- Message truncated -----
> >