Agritech Launches Product Loan Program To Provide Quick Access To Animal Health

Agritech launches a product loan program to make animal health information easily accessible.

One of the top agritech firms committed to enhancing animal well-being and output, Farm Alert, has partnered with Lenco (YC W22) and Ure Microfinance Bank to introduce a credit product that will tackle issues facing the animal health industry in Nigeria.

Nigerian veterinarians and other animal health specialists sometimes struggle financially, which makes it difficult for them to offer farmers and pet owners the vital services they need.

They are unable to stock up on essential medications, vaccines, and other animal health items due to a lack of easily accessible capital, which could result in disease outbreaks, delayed treatment, and decreased animal productivity.

This program has the potential to revolutionize the way animal health services are provided in Nigeria. By removing financial obstacles, veterinarians will be able to respond to animal health requirements more quickly, which will enhance results and decrease livestock losses.

“This partnership with Lenco and Ure Microfinance Bank marks a significant milestone in our mission to make animal health accessible to all in Nigeria. By addressing the critical issue of capital constraints, we are empowering veterinarians to provide the essential services that farmers and pet owners rely on,” Dr. Femi Kayode, CEO of Farm Alert says.