PAC Updates
In the Area Yield Index Insurance (AYII) scheme proposed by Pakistan Agricultural Coalition (PAC), if average area yields drop below 70% of the historical yield in an area, then farmers are entitled to insurance payouts. Unlike the government offered Crop Loan Insurance
Based on the success of the wheat pilot spearheaded by PAC with HBL, Bank of Punjab, TPL Insurance, SCOR of France, and PAC’s insurtech partner Pula Advisors of Switzerland, PAC has been building up the momentum on a significant upgrade of crop
KARACHI: The first-ever loans by a leading Pakistani bank to farmers with crop as collateral have been disbursed in the Muridke area of district Sheikhupura.The loans were disbursed after an effort by the non-profit Pakistan Agricultural Coalition.The bank disbursed loans worth Rs3.7