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Akash

Kushwaha

Agripreneur

Niwadi, Madhya Pradesh

364 livelihood days

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Akash

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Akash needs to buy seeds and fencing materials for cultivating flowers in his farm.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Akash

Akash Kushwaha was born and raised in an agricultural family. He himself is involved in farming and has been doing this for the past three years. He has a small farm where he cultivates flowers. With this loan, Akash will be able to buy seeds and fencing materials needed for cultivating flowers on his farm. With this loan, he will be able to cultivate and sell more flowers and earn more profit. This will add to the development of this young farmer. Invest in Akash and encourage him to cultivate his land!

About Akash Kushwaha's livelihood

Akash is an agripreneur who works 8 hours a day for 7 days a week. With this loan Akash will potentially obtain employment for 364 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very 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

Co-curated and referred by our Impact Partner

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS