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Birendra

Bisoi

logoAgripreneur

logo Nabarangpur, Odisha

logo 48,000 has been disbursed

logo 546 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Birendra

Bisoi

#hardworking#ambitious
Enable Birendra to purchase cashew and packaging materials for his cashew business.

logoAgripreneur

logo Nabarangpur, Odisha

logo 48,000 has been disbursed

logo 546 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

24,000 is
the current outstanding balance

100 0 0 24000 0 0

100%

0%

0%


Birendra is a resident of Nabarangpur district, Odisha, and a young entrepreneur. He lives with his family of four and last year, he has started a business of cashews. He collects cashews from the farmers, processes them, and packs them for sale. Currently it's a trial period which requires small investment to build his business. Birendra's business will be successful if he receives a loan to purchase cashews and packaging items. He also runs a small agro-products store where he sells necessary agri inputs for the farmers. He will also purchase some seeds and fertilizers for his store with the loan amount. Invest in Birendra now!

I wish to expand my cashew business and enhance my income.

About Birendra Bisoi 's livelihood

Birendra is an agripreneur who works 12 hours a day for 7 days a week. With this loan Birendra will potentially obtain employment for 546 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

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

48,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI Equated Quarterly Instalment

Investee
occupation

Agro products

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.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0