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Deepak

Kumar

Solopreneur

Supaul, Bihar

162 livelihood days

Borrower Image 1

Deepak

Kumar

#breadwinner#hardworking
Deepak needs credit to buy fish feed and medicines.

Solopreneur

Bihar

162 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Deepak

Deepak is a hardworking businessman who owns a fishing unit in Supaul. He is responsible and dedicated to his work, and his diligence has led him to own a successful fishing business unit. Despite the income he makes from his business, Deepak has a dream of providing a secure future for his family. He is looking for a loan to buy some fish feed and medicines for the fish in his unit so that he can continue to operate and make more income. Invest in Deepak as he expands his business and leads a better life!

About Deepak Kumar 's livelihood

Deepak is a solopreneur who works 5 hours a day for 5 days a week. With this loan Deepak will potentially obtain employment for 162 days.

Interest Rate

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

Fisheries

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