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Harikesh

Service Entrepreneur

Barabanki, Uttar Pradesh

364 livelihood days

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Harikesh

#hardworking#ambitious
Support Harikesh to purchase inputs for fish farming.

Service Entrepreneur

Uttar Pradesh

364 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Harikesh

Harikesh is a resident of Barabanki, Uttar Pradesh, who is employed in animal husbandry. He has been cultivating fish in the nearby water bodies. This loan will help him purchase quality inputs like seeds, food, and other inputs for raising fish in his farms. When he started fishing, his family was not supportive of his work but with this loan, Harikesh is committed to improving his family's livelihood. With the additional income created by selling fish, he is sure to provide his family with a better life. Invest in him now!

About Harikesh 's livelihood

Harikesh is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Harikesh will potentially obtain employment for 364 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

Investee Credit Rating:
Very 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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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

FUNDS

INDIVIDUALS