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Anand

Kumar

Agripreneur

Jhansi, Uttar Pradesh

234 livelihood days

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Anand

Kumar

#provider#resilient
Anand needs credit to buy an additional buffalo for his farm.

Agripreneur

Uttar Pradesh

234 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Anand

Anand is a hard-working and ambitious farmer who has greatly contributed to the field of animal husbandry in his locality. He lives with his wife and children in a small home that is close to his farm. His animal husbandry business has gone up by leaps and bounds. Now, with the help of some credit, he would like to have another buffalo to expand his business. The additional income produced by this newly purchased buffalo will contribute to Anand's goal of becoming financially stable. Invest in Anand now!

About Anand Kumar's livelihood

Anand is an agripreneur who works 6 hours a day for 6 days a week. With this loan Anand will potentially obtain employment for 234 days.

Interest Rate

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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