AgroSpectrum

Kheyti, Samunnati partner to provide loans to farmers for Kheyti Rakshak kits

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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.

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