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Gokul

Kushwaha

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Gokul

Kushwaha

#Hardworking#dedicated
Gokul needs a loan to upscale his vegetable farming.

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

12,479.84 is
the current outstanding balance

100 0 0 17520 0 0

100%

0%

0%


Gokul has been a hard-working farmer for the past five years. He has always been involved in farming and cultivating vegetables for his family's consumption and for sale. With the assistance of this loan, Gokul will purchase fertilizer, hybrid seed, and organic pesticides for his vegetable farming. In return, he will be able to grow more vegetables, and will be able to make significant profits at city and village markets. With the profits that he makes, he will be able to finance his family well and provide a bright future for his children.

I want to become a successful farmer.

About Gokul Kushwaha's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

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