The Digital Financial Solution for farmers

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The Digital Financial Solution for farmers

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What we do

Ricult envisions a world where smallholder farmers can be free of financial burden by democratizing lending for farmers.

Company's story

Our Specialty
Ricult products enable stakeholders in the agricultural industry to have complete control over farm activities, gain deep insights into all processes, optimize costs and improve yields with powerful analytics.
Our story
Ricult comes from the middle syllables of the word ''agRICULTure". In keeping with this phonetic tradition, we aim to become integral to the agriculture of tomorrow. The solution to global problems like food shortages, malnourishment, poverty and rural unemployment needs to start with smallholder farmers. We aim to revolutionize farming by making it more inclusive and empowering for the very people who form its backbone. This goal defines the very core of what we are all about. We are not a charity, we are an empowering community transformation... a basis for a brighter future, built on hand-ups, not handouts.

Usman and Aukrit met at an MIT entrepreneurship class, where they both shared similar ideas for improving the livelihood of smallholder farmers. Interestingly, both had worked closely with farming communities in their respective countries of Pakistan and Thailand, and had been moved by the appalling conditions and challenges faced by these communities. They kickstarted Ricult around late 2015 and were soon joined by Jonathan Stoller (CTO) and Gabriel Torres (CSO).

Over the past few years, Ricult has launched operations in two different countries, multiple pilots and varied services with different partners. We have offices in three different countries. Through the ever-evolving and growing team and new offerings, one thing has always remained: Our belief that technology is the greatest democratizing factor and the answer to many of the problems faced by smallholder farmers, especially in developing countries.

General Information

Company name
Ricult
Country
Thailand / Pakistan
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