1. Team T-106, MDI Gurgaon
Arush Sharma
Rahul Agarwal
A Peer to Peer Lending Platform for Small
and Medium Farmers in India within the
regulatory framework of RBI
“Vision of Frugality”

2. P2P Platform to facilitate debt financing by connecting individuals registered as lenders and borrowers
through an online portal at competitive interest rates, with lesser hassles and often without collateral
➢ Unbanked population-190 million
Indians
➢ Digital penetration- likely to reach 650
million by 2022
➢ Steady demand in industries such as
consumer durables requiring loans
➢ Govt schemes such as Make in India,
Start Up India
Target Segment: Farmers who are not be eligible for loans without mortgage
Growth Drivers
Big Idea P2P Platform
BorrowersInvestors
Investment
Repayments
and Loans
The Field worker would meet the
probable borrowers from a village.
Representative would then form groups of
probable borrowers from the village. (Group
of 5)
These probable borrowers would be
registered on the online platform of India
Lends by the field worker.
While registering the candidate, the credit
score and social score will be calculated.
Platform will connect the borrower to the
lender and would charge transaction fees at
completion.
Steps for platform Steps for platform
Online form filling by field worker for
all the potential borrowers
Updates regarding loan approval to
farmers through SMS
Transfer of loan amount from account of
the lender to the account of borrower
Loan repayment would be done from
account of farmer to the lender
Loan repayment would be facilitated
by the field worker, wherein he will
receive half of his commission at
loan repayment.
The Role of AI
Analytics and AI are the core
components of this platform.
An accurate credit score enables better
interest rate determination and thus
helps both lenders and borrowers, and
ensures a lower NPA rate.
Thus AI engine would act as core of this
business platform and its efficiency
would determine the efficiency of the
platform as a whole.
Platforms for promotion
Kiosk at village/ Taluka MelaRadio Use Of InfluencersRegional Newspapers
Add on services to
reduce NPA
A sister platform is built that connects
farmers to suppliers and to buyers
Only a farmer, part of our P2P lending
ecosystem can access this platform
Thus the ecosystem provides farmers
access to:
➢ Suppliers ➢ Buyers ➢ Credit
Buying Supplies on
the sister platform
Loan for
Supplies
Crop is
grown and
harvested
Repayment
of Loan
P2P
Credit
Crop is sold on the
sister platform