Agricultural Equipment Rental: A Game-Changer for Small and Medium Farmers

Agricultural mechanization increases productivity, but it remains prohibitively expensive for small producers. The feasibility and impact of an agricultural equipment rental model as a cost- effective alternative are assessed in this study. In surveys and interviews, it was discovered that 84% of farmers would rent equipment if it were available, with seasonal rentals being the preferable option. It is estimated that renting reduces capital costs by 60-80% and enhances farm productivity by 20-30%. Adoption is nevertheless impeded by seasonal demand, logistics, and inadequate awareness. Ensuring sustainable mechanization and rural economic development, the study suggests the implementation of digital platforms, cooperative models, and policy support to enhance accessibility.