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Anand

Kumar

logoAgripreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 234 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Anand

Kumar

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

logoAgripreneur

logo Jhansi, Uttar Pradesh

logo 40,000 has been disbursed

logo 234 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

19,996.55 is
the current outstanding balance

100 0 0 20003 0 0

100%

0%

0%


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!

I wish to start a big dairy unit.

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.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0