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false 0 0 SEUMlxutQS

Abhishek

Singh

logoFood Entrepreneur

logo Dibrugarh, Assam

logo 35,000 has been disbursed

logo 409 livelihood days i

b-img b-img b-img

Abhishek

Singh

#breadwinner#hardworking
Invest in Abhishek's food store.

logoFood Entrepreneur

logo Dibrugarh, Assam

logo 35,000 has been disbursed

logo 409 potential days of livelihood i

32,083.64 is
the current outstanding balance

99.99 0 0.01 2916 0 0

100%

0%

0%


Abhishek Singh is a hard-working man who knows perseverance. He has been running his food store in Dibrugarh, Assam for the last 5 years. This has been his main source of income. Abhishek is looking to raise a loan to invest in his store, in order to meet the growing needs of his family and customers. He will use this loan to purchase a refrigerator and other raw materials required for running his business. Invest in Abhishek's grocery store, so that he can enhance his product range to meet the needs of his existing customers and serve more customers as well.

I wish to build a big house for my family.

About Abhishek Singh's livelihood

Abhishek is a food entrepreneur who works 9 hours a day for 7 days a week. With this loan Abhishek will potentially obtain employment for 409 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

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

Loan
amount

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food store

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

A

Financial Profile i

A

Agri Entrepreneur Growth Foundation
   

Established in

2019

With Rang De from

2021

Founded by

Syngenta Foundation India and Tata Trust

AGRI ENTREPRENEUR GROWTH FOUNDATION (AEGF) is an independent not-for-profit organization which is registered under Section 8 of the Companies Act, 2013 and was launched on 25th January, 2019. AEGF aims to create a 'development highway' which brings access to appropriate and transformative technologies and services for smallholder farmers in India. AEGF nurture rural youth as agri-entrepreneurs to play an active role in agriculture development in their region by acting as 'one-stop partners' for smallholder farmers AEGF understand the smallholder farmer deeply and provide comprehensive brand-agnostic services to him/her through th rural youth acting as a unifying means. The firm has a vision to create wealth for resource-poor small-holder farmers in India through innovation, sustainable agriculture, and connecting them to value chains. Today, there are 5200 AEs who are currently operational out of a total of 6444 trained AEs under the program, supporting 461764 associated farmers across the nation. The aforementioned farmers collectively manage 727295 acres of land. The AEG Foundation has been certified as one of the best workspaces in India by the Great Place to Work Institute© for 2021.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0