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Hanumant

Kanhu Tokare

Agripreneur

palghar, Maharashtra

390 livelihood days

Borrower Image 1

Hanumant

Kanhu Tokare

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Hanumant needs a loan to set up fish farming.

Agripreneur

Maharashtra

390 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Hanumant

Hanumanth Tokare is a resident of Kakanwada, Palghar District. He is a hard-working farmer with 20 years of experience in agriculture, especially aquaculture farming. Tokare needs a loan to set up a plastic farm pond for his fish and the loan will also help him procure baby fish. He intends to run a prospective business out of this. Invest in Hanumanth's venture and be a part of his aspiring journey.

About Hanumant Kanhu Tokare's livelihood

Hanumant is an agripreneur who works 10 hours a day for 6 days a week. With this loan Hanumant will potentially obtain employment for 390 days.

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Good

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

NeevJivan Foundation
   
Partner logo

Established in

2020

With Rang De from

2021

Founded by

Mr. Proteek Kundu

NeevJivan Foundation is a registered Section 8 company (an NGO), working in the area of Skill Development & Vocational Training for our fellow citizens in rural India. It is our endeavor to create opportunities for sustainable livelihood for women and youth with the primary objective of reducing migration to the cities.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS