The main aim of FPO is to ensure better income for the producers through an organization of their own. The FPO seeks to augment income by combining the different individuals under one umbrella- FPO. Small producers do not have the volume individually (both inputs and produce) to get the benefit of economies of scale. FPO need of hour is a system to help the beneficiaries to pool their resources and work for the benefit of the group members. The need for a system that collects the various farmers details including land, crop, crop produce with Geo Referenced data for authenticity and traceability of the resources details. The system should be able to collect data both online and offline modes. The training also should cover management of the finances like maintenance of books of account, Management Information System, share capital, borrowings, savings, loans, cash flow, funds flow, receivables management, payables management, investments etc.
The Ikya Tool solution will enable the data collection using both online and offline modes. The data can be collected with GPS and captured images for the overall information gathering of the FPO related activities. The tool captures the full profile of FPO including FPO details, Farmer, Farm land and Crop. The Tool would be localized for better accessibility with report generation. The application can be instantly deployed and store down details of the members with their incomes and crop produce. The application will display the financial details like the total loan taken, savings for better financial consolidation.