Jiye Technologies, which claims to be the fastest growing Agri-Tech platform in Pakistan has announced a business-to-business (B2B) Buy Now, Pay Later (BNPL) feature through a digital financing product for farmers and businesses across the country, under its program called “Jiye Khushhaal Karobar.”
The digital financing service will aim to support farmers, retailers, and businesses with fast, easy, and convenient access to credit in order to sustainably increase their revenue.
The project has been made possible via the close integration of Jiye Technologies with approved financing organizations in order to assist with uplifting the Pakistani agricultural industry with added liquidity.
Small farmers, retailers, as well as the other stakeholders will be able to get access to financing for as much as 50,000 PKR (around $300); plus have the option to boost their credit limit once they repay previous loans.
The BNPL program has been started with ongoing expansion plans with input integrations to the farmers and agricultural industry to be introduced in the foreseeable future.
Ali Amin, Co-Founder at Jiye Technologies, stated:
“Hailing from an agriculture background, I have always felt that enabling businesses and farmers with access to smart credit would really help uplift their income and help them grow; our BNPL solution is one of the many initiatives under ‘Jiye Khushal Karobar Program’ that is designed with their needs in mind. We want to extend a helping hand to empower...
Read Full Story: https://www.crowdfundinsider.com/2022/03/187668-pakistan-based-jiye-technologies-introduces-bnpl-solution-for-agriculture-industry/
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