Agritech startup Fashol Dotcom Limited and SAFE have collaborated to establish three Farmers' Centers in the Barendra region, notably in Natore, Rajshahi, and Bogura districts, to address the challenges farmers encounter when selling their produce.
The Fashol Farmers' Centers were opened last Monday in the presence of nearly 300 farmers. Among those who attended the event were SAFE founder Arifa Jesmin Kanika, Fashol founder and CEO Sakib Hossain, SAFE co-founder Nasima Akter Nisha, Singra Municipality Mayor Md. Jannatul Ferdous, Fashol co-founder Mamunur Rashid, agricultural officers from the three sub-districts and Fashol's Head of Distribution Nasir Uddin.
According to government agricultural officers, these three sub-districts are home to about 400,000 farmers. These farmers sell their agricultural products to buyers across the country via multiple intermediaries, where they are frequently subjected to uncertainty and receive low prices for their production.
Farmers can use these Fashol Farmers' Centers to send their products all across the country without the need for intermediaries. Currently, around 25 to 30 percent of produce is lost during transportation to customers; however, with supply chain technology and Fashol's direct supply chain, this may be reduced to less than 4 percent.
SAFE founder Arifa Jesmin Kanika stated that Bangladesh is an agricultural country. However, the amount of fertile land available for agriculture decreases rapidly year after year.
