AI is making rural credit more accessible in India
Getting a loan in rural India has always been tough, mostly because people don't have formal income proof or traditional collateral.
Now, thanks to AI, banks and lenders can actually consider things like livestock as assets for loans—a pretty big shift!
This tech upgrade could help more rural families get fair access to credit and join the formal economy.
Why livestock matters—and how AI helps
Livestock accounts for 40% of India's agricultural GDP but usually gets ignored when farmers apply for loans.
As of September 2025, over one in five farmers were stuck with high-interest informal loans, according to NABARD.
With AI, valuing assets like cattle becomes more accurate and lenders can keep tabs on their health in real time.
Even though internet access can be spotty, using AI could finally give rural communities a fair shot at affordable credit by recognizing what they already own.