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Guddu

Kumar

Solopreneur

Siwan, Bihar

273 livelihood days

Borrower Image 1

Guddu

Kumar

#determined#ambitious
Support Guddu to get fish seed, feed, and medicines.

Solopreneur

Bihar

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Guddu

Guddu Kumar lives in Siwan, Bihar. He has been involved in fish cultivation for the past two years. While he has been successful in his business of fishing, he has had a hard-time receiving up-to-date information on the most efficient way to conduct his business. He's looking for a loan to get good quality fish seed, feed, and medicine to support his business. He plans to buy new equipment, and update his business to increase fish yield. Invest in Guddu as he manages his fishing business more efficiently and increases his income.

About Guddu Kumar's livelihood

Guddu is a solopreneur who works 6 hours a day for 7 days a week. With this loan Guddu 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. Guddu 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