Arya.ag Partners with Shivalik SFB to Lend Farmers & FPO

Current Context: Arya.ag is a grain commerce platform that partners with various financial institutions to offer loans to small and marginal farmers and FPOs (Farmer Producer Organizations) who fall out of the consideration of formal banking.

• On April 27, 2023, Arya.ag announced a strategic partnership with Shivalik Small Finance Bank to drive farmers’ financial inclusion.
• With this business correspondent model partnership, Arya.ag will offer loans through Shivalik Small Finance Bank under Warehouse Receipt Finance, which allows farmers to store their produce in a warehouse and use the receipt as collateral to get credit.
• The partnership aims to bridge the trust deficit in the ecosystem, empower smallholder farmers, and promote equitable growth in agriculture

Question:

Q.1 What is the name of the grain commerce platform that partnered with Shivalik Small Finance Bank?
a. Arya.ag
b. Agro.in
c. Kisan.com
d. Farmy.co