Dairy Farmers Leaflet - fiaglobal.com
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Case Study Objectives The inclusive financial growth of dairy farmers is critical to support milk producer organisations to push up the milk producer base, manage their service experience, add transparency and visibility across the supply chain, control leakages in cash disbursement and reduce the cost for distribution of funds leading to cost/price leadership. Challenges Semi-literate milk producers with severe liquidity constraints Low price and inflexible credit terms for cooperatives The high cost of cash handling A biased governance structure that leads to leakages in the disbursement process Lack of banking services
Transcript of Dairy Farmers Leaflet - fiaglobal.com
Case Study
Objectives
The inclusive financial growth of dairy farmers is critical to support milk producer organisations to push up the milk producer base, manage their service experience, add transparency and visibility across the supply chain, control leakages in cash disbursement and reduce the cost for distribution of funds leading to cost/price leadership.
Challenges Semi-literate milk producers with severe liquidity constraints
Low price and inflexible credit terms for cooperatives
The high cost of cash handling
A biased governance structure that leads to leakages in the disbursement process
Lack of banking services
Partner Portal
Workflow Management
System
Data Storage & Neutral Data
Analytics
FIA Platform
Transaction Aggregator
FIA’s Inclusive Financial Growth Project Setting up digital dairy payment centres for easy facilitation
Farmer registration, account opening and setup for digital payments
Empower dairy through digitized income and savings
Identification of handshake points—both upstream and downstream—that could be digitised
Phase 1: Enabling Financial Inclusion at All Dairy Cooperatives in India
Management of banking points for dairy cooperatives across India
Catering to financial needs of beneficiaries such as agricultural loans, personal insurance, credit & debit cards
Phase 2: Implementation of Dairy Information System
Source
DATA
WAREHOUSE
Dairy society - village
District Cooperatives
Diary pricing information
FIA Bill Pay WEBSITES
Non-banking — insurance etc
Dairy Cooperative
List of beneficiaries
Villages DAIRY SUPPLY CHAIN
COMPETITION
Districts lists
List of procurers region-wise
Competitive pricing
Banks Partners Internal
Dairy agent and procurer management process
Database on milk producers outside the dairy network
Milk data collection and analysis
Predictive analysis and price setting
Route planner for vets
Specific mobile-based applications that enhance the productivity of milk producers
Auto
ma
tic Fe
ed
BOT
FIA Inclusion Services
FI Bill pay Others
FIA Analytics
Predictive Supply Chain Reports & Analytics Monitoring Dashboards
FIA Compliance & Document Management
Compliance Documents
FIA Customer Support
Customer Research Query & Support Analysis
