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Brajesh

Rai

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 25,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Brajesh

Rai

#resilient#breadwinner
Support Brajesh to purchase a buffalo and fodder to expand his animal husbandry business.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 25,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,400.07 is
the current outstanding balance

100 0 0 14600 0 0

100%

0%

0%


Brajesh comes from a family that is engaged in animal husbandry. With his family's support, he was able to start his own animal husbandry business. Now, he is requesting a loan for purchasing an additional buffalo and fodder for his animals so that he can maintain a strong foundation for his business and expand it further. He also wants to become self-sufficient and have his own farm so that he can sustain his family, help his parents and not be dependent on others for support. This loan will help him expand his business and enhance his income. Invest in Brajesh today!

I wish to start a big dairy unit.

About Brajesh Rai's livelihood

Brajesh is an agripreneur who works 6 hours a day for 7 days a week. With this loan Brajesh will potentially obtain employment for 273 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

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

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

1.60%

2.88% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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.

Indian Micro Enterprises Development Foundation
   view website

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0