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Success Stories of Fpos

Raitha Mitra is an FPO founded in 2015 in Karnataka with over 500 farmer-shareholders that supplies vegetables to the Kerala government at low prices and connects farmers to organizations that purchase crops in bulk. KPFPCL is a Telangana-based FPO with over 2,200 farmer-members that helps farmers earn higher prices, produce multiple crops per year, and increase profits through training. Samruddhi Mahila is a female-farmer owned FPO in Rajasthan with around 2,200 members that partners with organizations to provide trading and credit opportunities for farmers. RamRahim is an FPO founded in 2012 that was the first to receive an equity grant from the Indian government,

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Praharsh Shah
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249 views2 pages

Success Stories of Fpos

Raitha Mitra is an FPO founded in 2015 in Karnataka with over 500 farmer-shareholders that supplies vegetables to the Kerala government at low prices and connects farmers to organizations that purchase crops in bulk. KPFPCL is a Telangana-based FPO with over 2,200 farmer-members that helps farmers earn higher prices, produce multiple crops per year, and increase profits through training. Samruddhi Mahila is a female-farmer owned FPO in Rajasthan with around 2,200 members that partners with organizations to provide trading and credit opportunities for farmers. RamRahim is an FPO founded in 2012 that was the first to receive an equity grant from the Indian government,

Uploaded by

Praharsh Shah
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© © All Rights Reserved
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SUCCESS STORIES OF FPOs:

Raitha Mitra:
The FPO is the brainchild of 81-year-old TV Gopinath and is aimed at enabling the
cultivation of super crops in India. Founded in 2015, Raitha Mitra boasts of around 526
farmer-shareholders from across Karnataka. The organisation also connects around 1,500
farmers via its six branches. It supplies vegetables to the Kerala government at the lowest of
prices and plans to soon have its own retail brand. Raitha Mitra also helps connect farmers
with organisations that purchase chia seeds in bulk. Eventually, the firm hopes to push into
the Indian retail and wholesale market with its one brand of chia. The FPO also partnered
with retail brands such as SaiYum Foods, Delhi, the Sikkim government's retail brand Sikkim
Supreme, and a startup called CoolMeal.

KPFPCL:
The Telangana-based Kamareddy Progressive Farmers Producer Company Ltd (KPFPCL)
offers farmers from across 43 Telangana villages the chance to get a higher price for their
produce. The FPO already has over 2,200 farmer-shareholders but aims to increase that
number to 10,000 by 2025. Farmer members of KPFPCL, in cooperation with various village
associations (VAs), have also managed to raise around Rs 1.65 crore. What's more, thanks to
KPFPCL's initiative, farmers are able to produce more than two crops in a year. Participation
in the VA also helps farmers convert their waste land into fertile ground water for plant
saplings and create nutrition gardens. According to several local farmers, KPFPCL has
enabled them to reduce production costs and increase profits. Farmers are able to participate
in various training courses that educate farmers on farmyard manure, tank silting techniques,
and more.
Samruddhi Mahila:
Rajasthan-based Samruddhi Mahila Crop Producer Company Ltd, owned by around 2,200
women farmers, is one of the few female farmer-owned FPOs that is successfully helping
farmers earn a living and creating awareness among farmers on how best to start their own
agricultural enterprise. Samruddhi Mahila partnered up with organisations such as SRIJAN,
Bunge, and Friends of Women World Banking for trading and acquiring credit . The FPO also
enables farmers to collectively come to a decision about hedging by suing platforms such as
the National Commodity & Derivatives Exchange Limited (NCDEX), ensuring that farmers
can protect themselves against falling prices of certain crops.
RamRahim:
Founded in 2012, the RamRahim Producer Company Ltd is an entity created by farmers, for
farmers. The entity was established thanks to 1,500 women from 162 SHGs who wanted to
ensure that farmers could sell their produce in the marketplace at prices and terms set by them
and not by middlemen or traders. In 2014, the FPO became the first producer company to be
granted an equity grant by the Indian government. In 2014, the FPO contracted a price of Rs
4,800 per quintal for soya beans on NCDEX. Three weeks later, soya bean prices crashed to
as low as around Rs 3,300 per quintal. However, RamRahim's hedging ensured that the losses
from selling soya bean crops were offset by trading on NCDEX. This was the first time that
RamRahim raked in profits, since 2012, when it was first launched. What's more,
Raghunathan's initiative ensured that farmers adopted customised spiral graders, which in
turn, ensured that the grading process took place at the farm. This process helped farmers sell
directly to buyers.

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