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Arvindra

Prajapati

Agripreneur

Tikamgadh, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Arvindra

Prajapati

#breadwinner#hardworking
Support Arvindra to purchase a buffalo and fodder for his farm.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Arvindra

Arvindra Prajapati has been running his animal husbandry business for six years now. He lives with his wife and two children in Tikamgadh. His main source of income is from the sale of milk and milk products. He was planning to expand his business but he lacks enough funds to do it. Currently, he is requesting a loan to purchase another buffalo for his farm. He will also use this loan to buy quality fodder for his animals. Support Arvindra to expand his business and enhance his income.

About Arvindra Prajapati's livelihood

Arvindra is an agripreneur who works 8 hours a day for 7 days a week. With this loan Arvindra 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. Arvindra Prajapati 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

50,000

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