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Gajend

Kumar Nishad

Solopreneur

purnia, Bihar

273 livelihood days

Borrower Image 1 Borrower Image 2

Gajend

Kumar Nishad

#breadwinner#hardworking
Gajend Kumar needs loan for buying a fishing net.

Solopreneur

Bihar

273 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Gajend

Gajend Kumar Mandal is a fish farmer from Bihar. His family relies solely on him for financial support. He has been following the same profession for the past four years and has made significant progress in his business. This progress is greatly due to his hard work and to him being a sensible man. He is looking to invest in a fishing net and thus plans to capture more fish and increase his income. Now, he needs a loan to buy a quality fishing net and more quantity of fish and sell them at a profit. This will support him to run his business successfully. Invest in him today!

About Gajend Kumar Nishad's livelihood

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

Interest Rate

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

15,000

Loan
tenure

6 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