false
false 0 0 mwxrKsdM6C

Debanand

Naik

logoAgripreneur

logo Kalahandi, Odisha

logo 1,00,000 has been disbursed

logo 409 livelihood days i

b-img b-img b-img

Debanand

Naik

#Hardworking# Agrishop# Agrobusiness# Breadwinner
Invest in Debanand to help him expand his fertilizer shop.

logoAgripreneur

logo Kalahandi, Odisha

logo 1,00,000 has been disbursed

logo 409 potential days of livelihood i

75,000 is
the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Debanand is not only a farmer but also a businessman who believes in expanding his business. His experience with farming has helped him procure different varieties of fertilizers for his shop. He wishes to use this credit to restock his shop with fertilizers before the next crop cycle begins. He has been in the business for about four years now in Kalahandi. Debanand looks forward to earning more income through his fertilizer shop and wishes to expand it to have more business. Help Debanand accomplish his goals and create a better future for both him and his family.

To create stable income source and provide a bright future for his family.

About Debanand Naik's livelihood

Debanand is an agripreneur who works 9 hours a day for 7 days a week. With this loan Debanand 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 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

1,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI i

Investee
occupation

Agro products

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

No credit history available

 

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