false
false 0 0 UPVbLLnNjA

Bibekananda

Majhi

logoAgripreneur

logo Nabarangpur, Odisha

logo 50,000 has been disbursed

logo 312 livelihood days i

b-img b-img b-img

Bibekananda

Majhi

#determined#ambitious
Support Bibekananda to purchase goats and expand his animal husbandry business.

logoAgripreneur

logo Nabarangpur, Odisha

logo 50,000 has been disbursed

logo 312 potential days of livelihood i

25,000 is
the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Bibekananda Majhi works as a farmer and rears goats for income. He has been in this business for over five years. With the support of a loan provided by you, Bibekananda will be able to purchase more goats for breeding. He will be able to increase his income by selling the goats for meat and milk. He will be able to increase his business and make greater profits. Invest in Bibekananda to expand his animal husbandry business and lead a better life!

I wish to create a sustainable income source and provide a secure future for my family.

About Bibekananda Majhi 's livelihood

Bibekananda is an agripreneur who works 8 hours a day for 6 days a week. With this loan Bibekananda will potentially obtain employment for 312 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% 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

EQI i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Agri Entrepreneur Growth Foundation
   

Established in

2019

With Rang De from

2021

Founded by

Syngenta Foundation India and Tata Trust

AGRI ENTREPRENEUR GROWTH FOUNDATION (AEGF) is an independent not-for-profit organization which is registered under Section 8 of the Companies Act, 2013 and was launched on 25th January, 2019. AEGF aims to create a 'development highway' which brings access to appropriate and transformative technologies and services for smallholder farmers in India. AEGF nurture rural youth as agri-entrepreneurs to play an active role in agriculture development in their region by acting as 'one-stop partners' for smallholder farmers AEGF understand the smallholder farmer deeply and provide comprehensive brand-agnostic services to him/her through th rural youth acting as a unifying means. The firm has a vision to create wealth for resource-poor small-holder farmers in India through innovation, sustainable agriculture, and connecting them to value chains. Today, there are 5200 AEs who are currently operational out of a total of 6444 trained AEs under the program, supporting 461764 associated farmers across the nation. The aforementioned farmers collectively manage 727295 acres of land. The AEG Foundation has been certified as one of the best workspaces in India by the Great Place to Work Institute© for 2021.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0