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Eknath Vitthal

Dhakulkar

Agripreneur

Yavatamal, Maharashtra

234 livelihood days

Borrower Image 1 Borrower Image 2

Eknath Vitthal

Dhakulkar

#positive#courageous
Support Eknath to purchase quality inputs for the upcoming sowing season.

Agripreneur

Maharashtra

234 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Eknath Vitthal

Like most farmers, Eknath is at the mercy of nature. He has been cultivating his land for over twenty years now. As if the weather wasn't unpredictable enough, in the last few years he's also suffered losses due to a lack of access to quality seeds. That's why he's decided to purchase quality seeds which will ensure that his crops are able to grow abundantly in a way that allows him to be self-sufficient. Eknath has served as a farmer for two decades, always aiming to do his job to the best of his ability. With this loan, you'll be helping him gain access to quality seeds, fertilizers, and pesticides so that his efforts won't be in vain and will help him reap the benefits of hard work.

About Eknath Vitthal Dhakulkar's livelihood

Eknath Vitthal is an agripreneur who works 6 hours a day for 6 days a week. With this loan Eknath Vitthal will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Eknath Vitthal Dhakulkar has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

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

Gramheet Private Limited
   view website
Partner logo

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS