WeGro and Grameen Bank Partner to Expand Affordable Financing for Farmers

In a significant step towards strengthening Bangladesh’s agricultural financing ecosystem, WeGro and Grameen Bank have entered into a strategic partnership to improve farmers’ access to affordable, timely, and structured financing.

Agriculture remains the backbone of Bangladesh’s economy, employing nearly 40 percent of the workforce and contributing over 12 percent to GDP. Yet, a large segment of smallholder and marginal farmers continues to face chronic financial exclusion.

Limited access to formal credit, lack of financial data, seasonal income volatility, and dependence on informal lenders at high interest rates have long constrained farmers’ productivity and income stability.

Despite their economic contribution, most farmers operate outside formal financial systems. Inadequate credit histories, fragmented land records, and limited digital footprints make it difficult for banks to assess risk accurately.

As a result, many farmers struggle to secure loans at the right time for seeds, fertilizers, and other critical inputs, often missing optimal planting windows.

This partnership aims to address these challenges by combining Grameen Bank’s pioneering expertise in inclusive finance with WeGro’s technology-driven, end-to-end agri-financing platform.

Through structured farmer onboarding, digital profiling, and project-based financing models, the collaboration will enable more farmers to access institutional credit in a transparent and sustainable manner.

Founded in 2021, WeGro operates as an agri-fintech platform connecting farmers with financial institutions, quality agricultural inputs, and assured market linkages.

The company currently operates across multiple zones in Bangladesh and has supported thousands of farmers with financing, input access, and market connectivity.

By leveraging data-driven assessment tools and field-level validation, WeGro reduces information asymmetry between farmers and lenders, making agricultural lending more viable and scalable.

Under the partnership, Grameen Bank will extend financing support to eligible farmers onboarded through WeGro’s platform, while WeGro will facilitate farmer profiling, monitoring, and post-disbursement support. The model is designed to ensure responsible lending, improved utilization of funds, and better repayment outcomes.

Industry observers note that partnerships between traditional financial institutions and agri-technology platforms are increasingly critical for addressing structural gaps in rural finance. By integrating grassroots reach with digital transparency, such collaborations can unlock productivity gains, stabilize farmer incomes, and reduce reliance on informal credit markets.

Both organizations emphasized that the initiative aligns with national priorities of strengthening food security, improving rural livelihoods, and promoting financial inclusion.

As climate risks and input costs continue to rise, access to reliable and affordable finance will remain central to sustaining Bangladesh’s agricultural growth.

The WeGro–Grameen Bank partnership signals a growing shift towards collaborative, technology-enabled solutions aimed at empowering farmers and building a more resilient agricultural ecosystem for the country.

Commenting on the partnership, Md. Mahmudur Rahman, CEO & co-founder of WeGro Technologies Limited, said: “This partnership with Grameen Bank represents a shared commitment to strengthening financial inclusion in agriculture.

By combining institutional finance with technology-enabled farmer profiling. We aim to ensure timely, affordable, and responsible access to credit for farmers, supporting sustainable agricultural growth and rural livelihoods.”