Farm credit leaves the bank with good intentions, then loses its way to the field.

Money should remember its purpose.

Every rupee, exactly where it’s meant to go.

Programmable CBDC for Co-operative Agricultural Credit

Programmable money is ready.
Reach is the missing piece.

01

The RBI’s Digital Rupee carries its own rules, spent only as intended.

02

The pilots proved it works, but technology alone cannot reach everyone.

03

India already has 65,000+ co-operative societies that farmers trust.

NEXO partners with co-operative platforms to put programmable credit within reach of every village.

The network partner

Co-operative platforms

  • Platforms that plug into the co-operative banks’ core systems
  • Sign up farmers and shops, and handle the paperwork
  • Connect village societies with district and state co-operative banks
  • Run the dashboards, help desk and staff training

The technology partner

NEXO

  • Turns applications into credit decisions, looking beyond just credit history
  • Checks crop health from satellite imagery to judge risk
  • Runs the programmable Digital Rupee, so each loan is spent only as approved
  • Watches for fraud and tracks how the loan book performs

The regulated co-operative banks stay in charge, and every credit decision is theirs.

The lenders

They issue the credit, through RBI-approved banks.

The decision

They approve every loan, and are accountable for it.

The risk

They run the identity and compliance checks, and hold the loan book.

Digital credit arrives at the co-operatives which the farmers already use.

Credit facilitation centre

Signs up farmers, verifies them and opens their Digital Rupee wallet.

Merchant acceptance point

Where farmers spend their Digital Rupees on seeds, fertiliser and equipment.

Local business correspondent

Helps with transactions, answers questions and sorts out problems.

Field monitoring partner

Checks on the crops and follows up on repayments.

Every role supported by joint training across the network.

Built on India’s public rails.

AgriStack
ULI
Account Aggregator
DigiLocker
e-Sign
NPCI

What the partnership unlocks.

For co-operative platforms

Grows their services as a company to be the digital backbone of co-operative credit.

For NEXO

Proves its programmable Digital Rupee across the country’s largest rural network

The outcomes this is built to deliver:

65,000+

Village societies become digital credit points

100%

Every rupee spent exactly as intended

6+

National digital systems connected from day one

National

Ready to extend to rural and commercial banks too

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