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HarvestSync

HARVESTSYNC

Income-Aligned Asset Financing
& Settlement

"Align the clock to the crop."

Collection occurs only when liquidity is verified.

Product
Income-aligned asset finance
Lender of Record
Bank — 100% risk
Collection Trigger
Split at merchant settlement
Verification Layer
IoT KYP + Geolock
Why now: merchant settlement APIs are production-grade.
Pilot Target
5,000 users — NPL <2.5%
01 / Objective

To unlock scalable agricultural credit by uniting Bank capital, IoT truth, and the bKash rail.

A collection-first structure designed to reduce delinquency pathways. By anchoring repayment to verified harvest liquidity, this model replaces manual recovery with operationally verifiable, rule-based deduction—securing bank capital without expanding payment rail balance sheet exposure.

02 / Program Controls

Program Controls

Converting the conceptual model into a bankable, governed credit program.

Program Configuration
Ticket Size Range ৳250k
Maximum Tenor
Collection Split Cap 15%
Expected Capture Window
1–2 harvest windows
(crop-dependent)
Implied Collection Burden
~15% of inflow
Risk Posture
Balanced
Collections Sensitivity
Balanced yield dependency

A. Credit Box

  • Borrower Type KYC-verified Agri-SME
  • Ticket Size ৳100k – ৳500k
  • Tenor 6 – 18 months
  • Grace Period Season-aligned

B. Repayment Waterfall

  • Priority 1 Bank Principal + Interest
    (Auto-split % up to cap)
  • Priority 2 bKash Standard MDR
  • Priority 3 Farmer Wallet Balance

C. Risk Controls

  • Asset Securing IoT tag & Geo-lock
  • Protection Mandatory Insurance
  • Maintenance Tied to 48hr SLA
  • Merchants Pre-vetted Whitelist

D. Early Warning Triggers

  • Asset Offline IoT downtime > 48 hrs
  • Yield Gap Actual vs Proj. > 15%
  • Diversion Risk Abnormal gap in Txns

E. Collections Governance

  • Exception Queue Flagged split-failures
  • Human Override Bank-authorized only
  • Dispute SLA 24-hour resolution

F. Enforcement

  • Step-in Rights Remote disablement
    (Bank-authorized)
  • Contractual Mandatory Node usage
  • Incentive Carrot Unlocks future lines
Strict Data Segregation
Data sharing strictly bound by explicit borrower consent at origination.
Credit Data → Bank Settlement Data → bKash IoT Data → Tech Partner
03 / Methodology

Timing and Truth

Why it works. This model transforms agricultural production into structured, digitally collectable, refinance-aligned asset finance.

The Truth

Dynamic KYP (Know Your Production)

IoT Stream Active
  • Asset Geolocked & Active
  • Yield Predictor Calibrated
  • Verified Physical Operation

Moves beyond static paper identity. The Technology Partner continuously proves the asset is generating value, neutralizing misuse risk.

The Timing

Crop-Aligned Collection

Season Start
Growth
Harvest Sale
& Auto-Split

Repayment ignores arbitrary 30-day cycles. bKash instantly deducts the loan portion precisely when the merchant pays the farmer for the harvest.

04 / Transaction Flow
Incoming
Merchant Payment
Priority 1
Bank Repayment
Priority 2
bKash MDR
Priority 3
Farmer Wallet
1

Origination

Bank approves asset financing.

2

Verification

Technology Partner verifies installation and production linkage.

3

Deployment

Bank disburses to vendor / borrower per asset delivery.

4

Production Income

Production income flows through merchant channel.

5

Split-Settlement

bKash split-settlement auto-deducts repayment portion.

6

Automated Collection

Bank receives automated collection instantly.

7

Continuous Monitoring

Technology Partner monitors performance via IoT feed.

8

Alignment

This materially aligns credit repayment with actual production cycles.

05 / Operating Model

The Tripartite Architecture

Strict separation of concerns. Maximum ecosystem leverage.

Lender of Record

The Bank

Provides liquidity, assumes credit risk, and anchors compliance.

Capital Provision
Extends asset-backed facility
Refinance Access
CMSME / Green / Agri windows
Yield Generation
Earns Net Interest Margin (NIM)
Verification Engine

Tech Partner

Secures the physical truth and risk data. Does not lend.

IoT Verification
Geo-tagging & usage validation
Risk Analytics
KYP scoring & portfolio dashboards
Rules Engine
Configures split-settlement logic
Collection Rail

bKash

Executes programmatic settlement based on verified rules.

Merchant Rail
B2B payment processing
Automated Split
Transaction-level collection deduction
Revenue Recapture
Automatic MDR optimization

The Regulatory Foundation

Absolute compliance through strict boundary enforcement.

No Shadow Banking
Tech partner is strictly a TSP. Bank retains 100% of provisioning and credit.
Consent-Driven Rail
bKash executes deductions purely based on explicit borrower consent at origination.
Audit-Grade Governance
Defined exception handling, rigid dispute SLAs, and real-time audit logs.
Illustrative architecture; implementation subject to partner API availability, borrower consent, and bank policy.
06 / Merchant Onboarding Strategy

Ecosystem Lock-in via Supply Chain Necessity.

Merchants are onboarded through trade-flow incentives and eligibility benefits. To service asset loans, farmers must process their harvest sales through an approved bKash merchant node, resulting in Minimal incremental acquisition cost for new merchant acquisition.

The Collection Node

The buyer effectively becomes an automated collection node for the Bank.

01. Captive Liquidity

Farmers have contractually agreed settlement routing (borrower consent at origination) exclusively to registered bKash merchants to ensure automatic split-settlement compliance, guaranteeing net-new GTV.

02. Zero-Friction

No new POS hardware. No complex training. We leverage existing bKash B2B payment APIs to instantly convert standard merchants into structured collection nodes.

03. The Credit Carrot

By processing these directed digital flows, merchants build highly verifiable digital trade histories—instantly making them eligible for subsequent Bank-backed working capital and credit lines.

07 / The bKash Case

Unlocking Agricultural Finance Without Balance Sheet Risk.

HarvestSync transforms bKash from a passive payment rail into the indispensable intelligence and collection engine for multi-million dollar banking portfolios.

Zero NPL Exposure

bKash facilitates the collection of high-value agricultural loans without holding the debt. The Bank assumes 100% of the credit risk, loan classification, and capital provisioning. No credit exposure (no on-balance-sheet lending).

Net-New Volume & MDR

By digitizing post-harvest trade at the merchant level to execute split-settlements, bKash captures massive, previously cash-based agricultural liquidity flows and recaptures MDR.

Ecosystem Dominance

This embeds bKash deeply into the commercial B2B agri-supply chain. Merchants and farmers are given structurally preferred routing to the bKash ecosystem to participate in structured asset financing.

Prudential Regulatory Compliance

Designed to align with Bangladesh Bank prudential expectations: the Bank remains the sole licensed lender; the technology partner operates purely as a TSP (no unlicensed lending); bKash operates strictly within its licensed payment framework.

Compliance-aligned operating model

Pilot Readiness & Execution Path

Available Infrastructure
  • Merchant B2B APIs
  • e-KYC & identity rails
  • Wallet settlement nodes
Integration Requirements
  • Split-settlement rules engine
  • Merchant whitelist logic
  • SLA operational protocols
Target Timeline
6
6–10 Weeks
to live pilot execution