Kheyti, Samunnati partner to provide loans to farmers for Kheyti Rakshak kits
Hyderabad-based Kheyti is partnering with Samunnati to deliver these micro greenhouses called Kheyti Rakshak to over one lakh farmers. To start off with, the partnership will provide the kits to over 100 farmers across Telangana and Karnataka and eventually expand it to one lakh farmers in the next 4-5 years. Under this partnership, potentially $150 million (approximately Rs 1,000 crore) will be deployed by Samunnati to make this model reach one lakh smallholders. Kheyti helps smallholder farmers battle climate change through the greenhouse-in-a-box, a low-cost greenhouse bundled with end-to-end services and it helps the farmers grow quality vegetables even in off-seasons. Meanwhile, Samunnati will offer farmers loans to purchase the Kheyti Rakshak kits, which are 80 per cent less expensive compared to other alternatives in the market.