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Binod

Kumar

Agripreneur

Supaul, Bihar

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Binod

Kumar

#passionate#achiever
Invest in Binod's fish farming unit.

Agripreneur

Bihar

312 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Binod

Binod Kumar doesn't shy away from toil, he does everything he can to make the most of this world. He lives with his family of three members in the district of Supaul in Bihar; this has required a significant investment from him. He has been into fish farming for the past five years and this is his major income source. He wishes to expand his business by investing in high-quality seeds, feed, medicines, and other materials required for growing fish. He finds more potential in his business if he could invest well initially. This loan will enable him to take his business to more heights and make better profits. Invest in this young farmer!

About Binod Kumar 's livelihood

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

Interest Rate

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

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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