NAFA
Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA) was promoted by Netafim Group, Israel to finance the stakeholders in the micro-irrigation value chain. Netafim invented and pioneered the adoption of drip irrigation systems across the world with the mission to promote a global change in the way water is used in agriculture.
In India, Netafim is present for more than two decades, extending benefits of drip irrigation technology to farmers across the country, covering more than 18 lakh acres of farms of more than 8.5 lakh farmers. One of the major hurdles in the adoption, of micro-irrigation by farmers, was their access to finance, hence Netafim decided to provide financial solutions to the stakeholders in the micro-irrigation value chain. NAFA, the Non-Banking Finance Company (NBFC) of Netafim Group, received the RBI license and commenced operations in March’2013.
NAFA is committed towards helping Indian farmers. NAFA is unique solution for
agri investment loans, channel financing and dealer financing. Get in touch with
us to know more.
NAFA is supporting the rural growth by providing Working Capital and Term Loans at the farm level as well as by supporting the distribution chain for Agri-Inputs & Machinery. In addition, NAFA is also financing the Agtechs, MSMEs, processors, and corporates engaged in Agri/ allied activities influencing the rural lives.
Despite India being one of the largest producers of horticulture crops, Indian farmers face various challenges to increase the yield output. The small segregated farms with low per-hectare yields are one of the major challenges for the Indian horticulture sector. Additionally, India stores only two percent of its horticulture products in temperature-controlled conditions, whereas China stores 15 percent and Europe stores 85 percent of its products in such facilities.
Drip irrigation systems have a proven ability to increase productivity by utilizing an optimal quantity of water and fertilizers. According to the Economic Survey, 2020, the implementation of micro-irrigation systems has increased the water-saving by almost 50% and caused significant growth in crop yields. Looking at these successful results, the Government aims to cover additional 2 million-hectare Agri land under Drip irrigation systems per annum.
Adequate and timely availability of water is the one of the most pertinent issue that horticultural production is facing at present. Over the past few years, we have seen that many regions in India are facing extreme water scarcity. Hence, we need to drive the adoption of micro-irrigation systems in mission-mode. Indian farmers are willing to take up any technology that brings the certainty of revenue in their life and adds economic value. Drip irrigation excels on both these fronts. Drip has visible and vast benefits, and this needs extensive propagation.
Contact us for purchase of equipments/ machinery to automate agriculture &
allied activities like farming, dairy, poultry, fisheries etc. Get in touch.
Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA) was promoted by Netafim Group, Israel to finance the stakeholders in micro-irrigation value chain. Netafi...
