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Akash

Wankhade

Agripreneur

Yavatmal, Maharashtra

273 livelihood days

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Akash

Wankhade

#believer#strong
Support Akash to store his produce and start the new season on time.

Agripreneur

Maharashtra

273 potential days of livelihood

89,000 loan is fully repaid

89,000 loan is fully repaid


About Akash

Akash has been practising agriculture for four years now. He is from Yavatmal, Maharashtra, and lives with a family of four. Due to the unfavourable conditions, his produce is not selling at a reasonable price. This loan will help him access storage facilities to store his produce and also help him refine the produce with essential processing. He will also use some amount of the credit to invest in the new Rabi season. Support Akash financially.

About Akash Wankhade's livelihood

Akash is an agripreneur who works 6 hours a day for 7 days a week. With this loan Akash 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. Akash Wankhade has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Loan
amount

89,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Excellent

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

Gramheet Private Limited
   view website
Partner logo

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS