• Post Harvest Machinery under APART

  • Members of Community Beel Fisheries, Charipunia Beel under APART

  • Sowing of Potato using Zero Tillage Technology under APART

  • Farm Mechanization under APART

  • Breeding Process for Fishery Value Chain under APART

  • Harvesting of Potatoes under Potato Value Chain; APART.

  • Happy Farmer with his harvested tomatoes.

  • Polyculture of Mola and Small Indigenous Fish under APART

Fund Background

The Assam AgriFin Xamahar is a competitive funding mechanism to introduce financial innovations in order to accelerate modernization in the agriculture sector of Assam. Supported by the World Bank, the programme is being implemented by the Assam Agribusiness and Rural Transformation Project (APART). The programme will support, the testing or scaling-up of tested innovations through initial risk financing that can increase access to financial services among the Agriculture and Allied value chains in Assam. It will provide grants to innovative agri-finance projects of promoter institutions to make them less risky or more financially sustainable. The fund will support sub-projects that present a high probability of success and potential for scaling in the Assam context.

Initiated as the Assam for Innovative Finance in Agriculture (ACFIFA) and christened ‘Assam AgriFin Xamahar ,’ is a part of the Assam Agribusiness and Rural Transformation Project (APART) supported by the World Bank. The underlining aim of the fund is to facilitate access to finance as well as responsible use of the financial services provided. It envisages to create tools and services, which will enable high-impact investment in agriculture in Assam, while encouraging innovation that meet the requirements of all stake holder of business to increase capital availability.


The purpose of the Assam AgriFin Xamahar is to support testing and/or scaling-up of tested innovations by financial service providers (banks, MFIs, value chain financiers, insurance companies, payments service providers) that can increase access to financial services (savings, payments, insurance and credit) among agriculture value chains in Assam.

The Fund will support subprojects of financial services innovations in agriculture from business-oriented organizations, through initial risk capital for de-risking them and making them viable. The subproject should play a catalytic role and it is expected that the promoting organizations will scale up the innovations commercially as a part of their business model. This will lead to improved access to financial services in agriculture for a large number of beneficiaries across Assam. The applicant organizations, therefore, must see the innovations as long-term business opportunity and not just for implementing a limited time sub-project.