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Asif

Mushtaq

Agripreneur

Pulwama, Jammu and Kashmir

Loan Written Off

409 livelihood days

Borrower Image 1

Asif

Mushtaq

#positive#ambitious
Asif needs support for his apple and pear cultivation.

Agripreneur

Jammu and Kashmir

Loan Written Off

409 potential days of livelihood


About Asif

Asif Mushtaq is a farmer from Pulwama, an area known for its fruit cultivation. He has been growing apples and pears for the past nine years and has become an expert at it. His harvest for the last season is ready and he needs some funds to meet the post-harvest expenses of his produce. It will also support him to meet the needs of the upcoming cultivation season. He wishes to grow the best quality fruits in his area. Invest in Asif as he fetches the better inputs and practices better farming methods so that he can grow the best quality fruits.

About Asif Mushtaq 's livelihood

Asif is an agripreneur who works 9 hours a day for 7 days a week. With this loan Asif will potentially obtain employment for 409 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Asif Mushtaq has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

95,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Farming

Investee Credit Rating:
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

Fruitfal Technologies India Pvt Ltd
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Subir, Viresh, Abhishek

Small Indian farmers face huge challenges today - they cultivate amazing harvests but have trouble finding good markets and being paid fairly. The current system of buying and selling denies them access to trade they can trust with long delays in getting paid and leaves them straddled with tremendous debt and post-harvest losses. Fruitfal helps to fix these problems and create a better environment for small farmers.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS