The two friends grew up in Dhaka. After studying at North South University, he worked in local and foreign institutions. You plan while doing the job – do something yourself. In the beginning, he took to the field with a business plan to make a roof garden in the city. The capital is Rs 30 lakh, a room and a laptop. After working for seven months, he realized that he could not go far with the garden plan. Instead of planning, he decided to give micro loans directly to the farmers.

Two friends Fahad Ifaz and Jamil M Akbar saw success in the second attempt. Their startup ‘Ifarmer’ has given loans to 16,000 farmers in 19 districts in the last three and a half years. In addition to providing training and advice to farmers on cattle rearing and grain production, iFarmer is also selling their produce in 96 markets in six divisions. Their registered farmers have also started getting direct bank loans.

To hear the story of Ifarmer, I went to their office in Gulshan of the capital last Wednesday and saw a well-arranged office. Open environment. Cafeteria for staff below. Workers are working on the second floor. Fahad and Jamil, two Kandari from Ifarmer, were working on laptops on either side of a large table in a small room next door. After a while, the chatter froze.

In a nutshell, while studying at North South University, these two friends had an event management event.

Builds the organization. At that time they used to organize various programs of the university. So after finishing his studies, Fahad first joined a foreign company called Swiss Contact. He then went from district to district working to increase the capacity of farmers. Later he took a job at the World Bank. After working for two and a half years, he moved to Myanmar to work with farmers on behalf of Care International. Jamil, on the other hand, initially joined Tiger IT and worked on the National Identity Card and Digital Driving License project. He later joined Graphic People and provided technical services to various world-renowned companies.

Fahad said, ‘When I went to work in Myanmar and later in Cambodia on behalf of CARE International, I saw that farmers in that country, like Bangladesh, also had difficulty in getting loan assistance. The products produced by them also reach the consumers in four or five hands. That is why farmers do not get the right price for their produce. That’s when the idea of ​​working for a farmer came to my mind. In Bangladesh too, government and non-government organizations are investing a lot of money to increase the capacity of farmers, but nothing is being done.

Another incident was reported by Fahad. Then he got the job. He said, ‘I was talking to a farmer in Chuadanga. In one word, the farmer wanted to know, do we finance for the duck farm? Then there is no opportunity to give loan for duck farm in our project. I gave 15 thousand rupees from my pocket. I came back with a visiting card. After returning to Dhaka, I forgot about the incident. After five-seven months, the farmer called me on his mobile phone and said that he had made a profit by cultivating ducks. Want to return the full amount, with a profit of three thousand rupees. I did not take the money. But the thought came to me, you have made a profit by investing only 15 thousand rupees. I also want to share that profit. That means there is some business. ‘