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Abhinavgram Social

Enterprises

Agripreneur

Namakkal, Tamil Nadu

273 livelihood days

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Abhinavgram Social

Enterprises

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Let Abhinavgram Social Enterprises support the farmers with their harvest.

Agripreneur

Tamil Nadu

273 potential days of livelihood

2,00,000 loan is fully repaid

2,00,000 loan is fully repaid


About Abhinavgram Social

Abhinavgram Social Enterprises is a farmer collective based in Namakkal, Tamil Nadu. While the farmers are getting ready for the harvest, they need to make arrangements for the processing of the produce. With the ill effects of the pandemic, the organization is running out of funds and some financial assistance would enable them to meet their credit needs. The credit will be used for husking, processing, and grading of the produce and the remaining amount to pay the transportation and labor charges. Invest in them for smooth post-harvest processes.

About Abhinavgram Social Enterprises's livelihood

Abhinavgram Social is an agripreneur who works 7 hours a day for 6 days a week. With this loan Abhinavgram Social will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Abhinavgram Social Enterprises has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

2.00%

3.60% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

2,00,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS