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Amit

Khatik

Agripreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Amit

Khatik

#positive#hustler
Support Amit to purchase chickens and equipment for his meat store.

Agripreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Amit

Amit Khatik is a resident of Niwari and has been working in the meat business for the last five years. Over time, the hours that he devotes to his work are not enough to generate enough income to support his family. With your support, he will purchase more chickens, equipment, and a freezer to expand his business and support his family. He has a dream that his business will eventually earn him the income that he truly deserves to support his family. With your help, his dream can be realized. Invest in Amit!

About Amit Khatik's livelihood

Amit is an agripreneur who works 8 hours a day for 6 days a week. With this loan Amit will potentially obtain employment for 312 days.

Interest Rate

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

Meat store

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