How It Works
At SkyHarvest, we’re transforming the agricultural ecosystem by making finance, insurance, and farming operations traceable, connected, and fairer. Our platform uses cutting-edge technology to bring transparency, effciency, and sustainability to farmers, bankers, insurers, governments, and development organizations.
Traceable Loans
Agricultural loans often disappear into a black hole, leaving bankers and farmers alike uncertain about how funds are used and if they’re being repaid. SkyHarvest solves this by making loans fully traceable, providing real-time data on farming activities, land conditions, and loan performance.
- IoT Technology Integration: We use satellite imagery, drones, and sensors to monitor specific parcels of land, livestock, and fisheries. Banks can track their investments live, reducing risks and ensuring that loans are allocated effectively.
- Real-Time Monitoring: Banks and lenders can now monitor the exact performance of their loaned assets, reducing loan default rates and giving them confidence in agricultural lending.
- Impact: This traceability ensures that banks can offer fair, secured loans while encouraging responsible use of funds by farmers.
Automated Insurance
One of the biggest challenges in agriculture is the delay in insurance payouts when natural disasters strike. SkyHarvest automates the process, ensuring immediate financial support when farmers need it most.
- Real-Time Data for Insurance: Using our platform, insurance companies can gather real-time environmental data from farms and automatically trigger claims in the event of floods, droughts, or other natural disasters.
- Automatic Claims: Gone are the days of manual, slow insurance claim processes. With SkyHarvest, insurers can issue payouts automatically, based on the data collected from IoT-enabled devices on the ground, drastically reducing processing times.
- Impact: Farmers receive swift financial relief, reducing the likelihood of bankruptcies and enabling them to reinvest in their farms immediately after a disaster.
Fairer Financial Models
SkyHarvest is redefining how agriculture finance works by moving away from interest-driven loans that bleed farmers dry. Instead, we offer profit-sharing models that benefit both the lender and the borrower.
- Profit-Sharing over Fixed Interest: Repayment is based on a farm’s yield and market performance rather than rigid, fixed-interest loans. This means that during poor seasons or market downturns, farmers aren’t burdened by crippling debt.
- Encouraging Investment: Banks and insurers are more likely to invest in agriculture when they know that their returns are tied to actual farm performance. It creates a partnership model between financial institutions and farmers.
- Impact: This system protects farmers during bad seasons, eliminates the cycles of debt that lead to land seizures, and encourages sustainable farming practices.
SkyHarvest World: Bringing Everyone Together
The SkyHarvest platform doesn’t just serve farmers—it brings together all stakeholders in the
agricultural sector. Here’s how each group benefits:
Farmers
SkyHarvest provides real-time data to help maintain optimal farming conditions, from soil quality to weather patterns. Farmers can apply for loans directly, receive advice from consultants, and trigger automated insurance payouts through the platform.
Insurers
Our system provides automated risk profiling and up-to-the-minute environmental data, allowing insurers to adjust policies proactively and reduce unnecessary claims. It enables more omprehensive coverage and better risk management.
Banks
Banks benefit from offering traceable loans with real-time monitoring of agricultural sites. This increases confidence in lending, reduces defaults, and supports banks in expanding their agricultural loan portfolios.
Government
Governments can use SkyHarvest’s data to track agricultural performance and loan coverage. This ensures compliance with environmental standards and provides transparency on food security efforts. With better insight into unused lands and farming performance, governments can implement policies that stabilize inflation and reduce food shortages.
Development Organisations
SkyHarvest supports development organizations like UNFAO, WFP, SwissContact, and others by offering transparent monitoring of agriculture intervention programs. The platform tracks the effectiveness of resources and measures outcomes, helping development organizations allocate resources more effectively and monitor food security initiatives.
How It All Comes Together
SkyHarvest combines technology, data-driven insights, and fair financial models to create a unified, transparent agricultural ecosystem. By addressing the key pain points faced by farmers, banks, insurers, governments, and development organizations, we’re building a future where agriculture is sustainable, profitable, and fair for all.
Key Features at a Glance
- IoT-Enabled Monitoring for real-time insights
- Traceable Loans that ensure fund transparency
- Automated Insurance Claims that offer immediate relief
- Profit-Sharing Financial Models that protect farmers
- Comprehensive Data for governments and development organizations
Learn more about how SkyHarvest is revolutionizing the agricultural finance landscape.
Let’s reimagine the future of agriculture together.
