Empowering Farmers
Combining finance, technology and supply chain
Fund Farmers
About "Sofol"
Sofol pilot was launched on September 15, 2020 with 5 Facilitators from Kurigram, Lalmonirhat, Nilphamari. Since then over 32000 farmers have been onboarded through Sofol.
Bridge between Farmers and Facilitators
We connect the farmers with our field facilitator through the “Sofol” app. iFarmer uses human agents, mobile technology and remote sensing to reduce the cost and complexity of working with smallholder farmers.
Farm Facilitator Agents
Building Relationship with Farmers
“Sofol”
Digitalized App
Digitized App Based Tool
Farmers
Ensured of Best Customer Service on Agriculture Financing & Consultancy
How "Sofol" Works?
Registration
For registration our field facilitators collects the farmers NID which is being verified real time through Porichoy DB of Bangladesh GOVT.
Finance
Facilitator fills up KYC form for farmers through Sofol and an automated score is generated assesing farmers financial capability
Supply Chain
Farm produce to Marketplace
Return On Funding
Income for farmers and profit for funders
Funders
Funders can fund in insured farms.
Why "Sofol"?
Satelite Based Weather Updates
IOT Based Solutions
NID Verification Through Porichoy API
36000+
Registered Farmers on Sofol
745M+
Financing for Farmers
1.1B+
Worth of Farm Produce
More than 36,000 farmers including 17,953 male farmers and 18,527 female farmers being onboard on Sofol
iFarmer has facilitated for more than 745M BDT funding support for farmers across Bangladesh.
iFarmer has supported the production of over 1.1B BDT worth of farm produce.