Cholsas, an agriculture B2B eCommerce market, intends to bridge the divide between various factors of the farming industry, according to a TechZim report Monday (Jan. 17).
In Zimbabwe, where Cholsas is based, farming is on every tax bracket. Some do it as a side hustle, some are smallholder farmers for whom it’s the only basis of income — and there are the big commercial operations.
The release says all of them end up needing the suppliers and markets to do business, which often can be problematic for smaller or mid-sized operations.
Cholsas’ operations involve letting agricultural merchants and service providers market and supply goods to local farmers. Additionally, registered farmers can sell crops in large quantities to various markets under the same platform.
The idea behind Cholsas was to offer a solution to the fragmented nature of farmin, as someone starting out in horticulture may not know where to source products. Furthermore, in their confusion, some of them may select an unsuitable supplier.
“There’s [a] lack of seamless awareness of all existing input brands nationwide, hence the inputs become scattered, leading to lack of proper price and quality comparison and sometimes more time is wasted on procuring inputs yet many farmers still end up buying from the supplier not of their choice,” the company told TechZim.
PYMNTS writes that last November, the Indian agriculture service platform Arya.ag debuted a buy now, pay later (BNPL) service to help out the commodity buying space.
See also: Indian AgriTech Arya.ag Starts BNPL for Commodities
Those using the BNPL service will have to upload their financial and know your customer (KYC) details, and then they’ll be able to access credit within minutes. Arya.ag will also provide solutions for warehouse rents, loan repayment and others.
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