Lend affordably and accurately with Lentra's Cattle Loan & KCC Journeys - The Finest Cattle Lending & KCC Digital Platform

Banker's ability to lend for starting a farm, buy cattle or for machinery can multifold rural economics through Cattle lending. Leverage intelligent APIs and pre-configured journeys for underwriting, verification, data security, disbursement and collection to ensure hassle-free, hands-free eco-system that limits the risk exposure.

Economic Survey 2020 reveals that the livestock sector has grown at a compound annual growth rate of 7.9 per cent during the last five years. As per the Economic Survey-2021, the contribution of Livestock in total agriculture and allied sector Gross Value Added (at Constant Prices) has increased from 24.32% (2014-15) to 28.63% (2018-19). Livestock income has become an important secondary source of income for rural families and has assumed an important role in achieving the goal of doubling farmers' income. Bankers are extra-cautious while lending to farmers and other value chain players primarily because of lack of data, market linkages, high transactional cost of lending as well as recovery, along with unpredictable loan waivers by the state governments.

A significant proportion of farmers in many regions remain systematically excluded from the existing formal agricultural credit network. Small and marginal farmers and landless cultivators continue to be largely dependent on informal sources of rural credit. Lenders will need to actively manage credit-risk decisions and also the enabling technology.

Lentra's cattle loan solution ensures large- scale onboarding and lending for allied activities across rural India. The uses of intelligent APIs for underwriting, verification, data security, disbursement and collection ensure hasslefree, hands-free eco-system that limits the risk exposure.

• Accurate assessments of the risks
• Minimize write-offs
• Reduce carbon footprint via digital Cattle Loan Journeys
• Seamless onboarding for KCC