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Bambam

Kumar

Solopreneur

supaul, Bihar

318 livelihood days

Borrower Image 1

Bambam

Kumar

#breadwinner
Bambam Kumar needs financial support for his fisheries business.

Solopreneur

Bihar

318 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Bambam

Bambam Kumar lives in the district of Supaul in Bihar; he has been working as a fisherman for the past nine years. He makes his living by cultivating fish and selling them on the local market. Currently, he needs some support to provide medicines and seed for the fish in his pond. He plans to grow his fish farming business to be able to provide a stable income and future for his family. You too can give Bambam a chance to grow his business, support him get back on his feet, and hopefully his dream of educating his children will be fulfilled.

About Bambam Kumar's livelihood

Bambam is a solopreneur who works 7 hours a day for 7 days a week. With this loan Bambam will potentially obtain employment for 318 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Bambam Kumar 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

20,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Fisheries

Investee Credit Rating:
Excellent

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

Jaljeevika Infotech Pvt Ltd
   view website
Partner logo

Established in

2020

With Rang De from

2022

Founded by

Neelkanth Mishra

Jaljeevika is addressing the issue of small-scale fish farmers, building community resilience and capacity to enhance livelihood opportunities using existing water bodies, technology and leveraging institutions. They work through an ecosystem development model to build skill, develop institutional capacity and empower smallholders to interact with the market using the technology platform. They are facilitating the process in collaboration with various stakeholders to establish a knowledge forum to establish Blue Economy. For detail , visit their website www.jaljeevika.org

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS