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Asif

Mushtaq

logoAgripreneur

logo Pulwama, Jammu and Kashmir

logo 95,000 has been disbursed

logo 409 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img

Asif

Mushtaq

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

logoAgripreneur

logo Pulwama, Jammu and Kashmir

logo 95,000 has been disbursed

logo 409 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

28,949.99 is
the current outstanding balance

100 0 0 66050 0 0

100%

0%

0%


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.

I wish to become the best farmer in my area.

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.

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

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

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

0.00%

0.00% APR

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 Equated Quarterly Instalment

Investee
occupation

Farming

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.

Fruitfal Technologies India Pvt Ltd
   

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0