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Choudhary Ajeet

Singh

logoAgripreneur

logo Barabanki, Uttar Pradesh

logo 1,00,000 has been disbursed

logo 409 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Choudhary Ajeet

Singh

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Ajeet Singh wants to grow his poultry business.

logoAgripreneur

logo Barabanki, Uttar Pradesh

logo 1,00,000 has been disbursed

logo 409 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

82,985.87 is
the current outstanding balance

68.06 0 31.94 17014 7986 0

68%

32%

0%


Ajeet Singh is a first-generation entrepreneur and a resident of Barabanki in Uttar Pradesh. He is a hard-working man who has recently started his poultry business with the dream of supporting his family and leading a financially stable life. He is a well-known businessman in this region. This loan will support him to purchase the required number of chicks, fodder, medicines, and other equipment. Once the business is thriving, it will enable Ajeet Singh to make additional income. Support him today!

I wish to become a successful entrepreneur.

About Choudhary Ajeet Singh's livelihood

Choudhary Ajeet is an agripreneur who works 9 hours a day for 7 days a week. With this loan Choudhary Ajeet will potentially obtain employment for 409 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

1,00,000

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