The Client
Agricover is a leading financial services provider for the agricultural sector, dedicated to supporting small and medium-sized farms with innovative financial solutions. With 700,000 small farmers in Romania, many of whom face difficulties accessing traditional financing, Agricover sought a scalable digital solution to make financial support more accessible.
The Challenge
Many small farmers in Romania struggle with:
- Limited access to financing – Traditional banks often overlook small-scale farmers due to a lack of formal credit history.
- Inefficient loan approval processes – Credit disbursements could take up to 10 days, slowing down business growth.
- Manual verification & paperwork – Application processing was labor-intensive, creating bottlenecks in credit approval.
Agricover needed an automated, secure, and scalable loan processing platform to accelerate financial inclusion for farmers.
The Solution
Agricover partnered with Microsoft and Avaelgo to develop MyAgricover, a fully digital loan platform powered by Microsoft Azure. The solution integrated Robotic Process Automation (RPA) and cloud-based services to streamline operations.
1. Automated Loan Processing
- Leveraged Azure API Management to connect internal and external data sources for quick credit assessment.
- Implemented RPA bots to verify applications and eliminate manual intervention.
2. Seamless Customer Interaction
- Integrated Microsoft Teams for video-based customer support, enabling faster issue resolution.
- Provided self-service features that allowed farmers to track applications in real time.
3. Scalable & Secure Cloud Infrastructure
- Built on Microsoft Azure & Microsoft Fabric, ensuring high availability, data security, and compliance.
- Designed for future expansion, supporting additional financial products.
Results & Impact
Following the implementation of MyAgricover, Agricover achieved:
✅ Loan approvals in 24 hours – Compared to the previous 10-day manual process.
✅ Increased access to financing – Small farmers can now secure funding with minimal paperwork.
✅ Higher operational efficiency – Automated workflows reduced processing costs and manual workload.
✅ Scalability & Future Growth – The cloud-based system supports new financial services and expansion to more regions.
✅ Empowered Small Farmers – Access to quick financing helped farmers grow their businesses faster.
Why Agricover Chose Microsoft & Avaelgo?
Agricover selected Microsoft Azure for its scalability, security, and advanced automation capabilities. Avaelgo, a Microsoft Gold Partner, ensured seamless implementation and continuous innovation to meet Agricover’s evolving needs.
Looking to Digitize Your Financial Services?
IPS and Microsoft Azure can help your business:
📌 Automate loan & financing operations
📌 Improve customer experience with digital platforms
📌 Leverage cloud-based solutions for security & scalability
💡 Contact Us to explore how we can support your digital transformation journey! 🚀