false
false 0 0 iGziGjoscQ

Arvindra

Prajapati

logoAgripreneur

logo Tikamgadh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Arvindra

Prajapati

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

logoAgripreneur

logo Tikamgadh, Madhya Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,499.45 is
the current outstanding balance

90 0 10 37501 4166 0

90%

10%

0%


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.

I wish to enjoy a secure future with my family.

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.

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

50,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0