Lessons from AgriFin Study Tour in India

In October 2015, AgriFin organized a study tour to visit HDFC Bank and Mahindra Finance in Jaipur, India. The two host organizations in India are pioneers in regards to reaching smallholders and providing finance. HDFC, India’s sixth largest bank with over 3,000 branches across India with farm lending assets of around US$5 billion, have developed innovative ways of financing smallholders using value chain financing and warehouse receipt techniques. Mahindra Finance is the sister company of Mahindra Tractors, the number one seller of tractors in the world, providing financing to smallholders who wish to invest in farming equipment. This document provides key lessons learned from the study tour.