Winich Farms, an agritech platform revolutionising how farmers obtain funding, has teamed up with SeedFi, a Nigerian fintech firm to increase access to fair, transparent lending, to close this long-standing gap. 

Together, they are offering produce-collateralised loans as a daring remedy.

Through this program, farmers can use their stored crops as collateral, eliminating the need for asset-based assurances or conventional documents. When the pilot program begins in May 2025, more than 700 farmers will have access to flexible financing, enabling them to expand their operations, make tool investments, and achieve long-term financial independence.

According to Pelumi Alli, CEO and co-founder of SeedFi, “Farmers are the foundation of our economy, and they deserve access to the same financial opportunities as any other sector. Our partnership with Winich Farms ensures that their hard work finally counts where it matters most—towards their creditworthiness and future growth.”

By removing financial barriers and introducing a more inclusive credit system, SeedFi is not just funding agriculture—it is fueling food security, rural development, and economic resilience.

Attai Riches, CEO of Winich Farms, also highlighted the significance of this collaboration in a recent statement:

“To facilitate access to finance for producers, Winich has established a partnership with SeedFi to roll out produce-collateralised loans. Interested farmers can leverage their crops stored in Winich’s warehouses as collateral, eliminating the need for traditional asset-based guarantees. The funds from these loans can be used at the farmers’ discretion.”

This partnership is another important milestone in SeedFi’s goal to establish fair finance systems for everybody. Building loan access that meets people where they are, without bias or bureaucracy, is the same objective for everyone, from SMEs and startups to farmers and individuals in underserved communities.

As 2025 approaches, SeedFi keeps innovating solutions that give respect, authority, and opportunity to those who have long been left out of the mainstream financial discourse. By forming alliances like this, we demonstrate that credit availability is a lever for national change rather than only a financial service.

Source: TechCabal

Image Credit: Nairametrics