Saswat Financial Technologies Pvt. Ltd. : Financial Inclusion-One Village at a Time

Saswat Financial Technologies Pvt. Ltd. is a fintech startup tapping into a huge underserved market and providing access to lending, agri-inputs and advisory to over 140 million small and marginal farmer households which are largely untouched by the organized lending institutions.

Saswat is a curated 360-degree high-tech platform with advisory, extensive network and in-house solutioning for the financial and informational needs of the farmer. With special focus on the small holder woman dairy farmer, Saswat aims to enable and empower her to become financially independent along with enhancing her skill set.

Improve the quality of life in rural India

We hope to improve the quality of life in rural India as increased incomes from dairy are usually spent on nutrition, education and hygiene of the household as it is driven by the lady of the house. We aspire to democratize credit along with protecting and educating all.

Saswat has devised sustainable methods backed by technology to approach dairy farming. By smoothening the flow of credit for income producing assets and tools like Milching cattle, milching machines, chaff cutters, etc., our goal is to empower rural India with simple, cost-effective and sustainable solutions which is in tandem with the primary goal of enabling the farmer to double his/her income in the next three to five years.

Collaboration with various lending institutions

For the same, Saswat is in collaboration with various lending institutions, insurance and seed companies to partner, design and deliver products in an easy, accessible, timely and transparent manner, protecting rural household incomes against unexpected perils. We have designed knowledge-based systems for imparting knowledge to improve productivity via hyperlocal use cases, skill development and placing right products for input aggregation to the farmers.

Saswat will use its existing established network of partners to deliver the offering to farmers, targeting low cost, low capital and high return operations. We have devised efficient methods for easy digitization of conventional and unstructured data to drive better credit decisioning, customer retention and cross selling.

Aim of Saswat’s

The aim is to create a robust, purposeful, highly secure and scalable platform to support the farmer at each stage of his farming journey. Because of the large quantum of small and marginal farmers, it is very difficult for the government’s extension departments to reach them with appropriate agricultural support advisory and help. This is where Saswat’s accessibility interventions in the form of credit facilities like loans, insurance and advisory like preventive measures and proven best practices for livestock management intend to make a difference. Our dynamic teams holds a consistent record of identifying and exploring new and untapped opportunities, driving growth and augmented profitability. We at Saswat Finance aim at developing a new ecosystem for the small and marginal farmers by democratizing credit and making it accessible to all.