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Asif

Mushtaq

logoAgripreneur

logo Pulwama, Jammu and Kashmir

logo 2,00,000 has been disbursed

logo 455 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img

Asif

Mushtaq

#resilient#ambitious
Invest in Asif's apple cultivation.

logoAgripreneur

logo Pulwama, Jammu and Kashmir

logo 2,00,000 has been disbursed

logo 455 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

200,000 is
the current outstanding balance


Asif Mushtaq, a hardworking and enterprising farmer, has an apple cultivation farm in Pulwama, Jammu and Kashmir. He has been involved with farming for the past nine years. His farm has been doing good, but he wants to expand his business further and needs a loan to invest in his apple post-harvest needs. With this loan, he will be able to pay for all the harvest and post-harvest expenses and start the new season on time. Invest in Asif to support him expand his business, earn better profits from his farm, and enjoy a bright future.

I wish to grow more fruits on my farm.

About Asif Mushtaq 's livelihood

Asif is an agripreneur who works 10 hours a day for 7 days a week. With this loan Asif will potentially obtain employment for 455 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

2,00,000

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0