Jahar is a hard-working farmer who cultivates three acres of land to sow vegetables. All these years, he has managed to build a sustainable business, but this season he needs credit to purchase seeds and other inputs. He also needs to fence his farm before sowing. He has purchased the relevant farming equipment and has hired labourers to help him, with your help his efforts are likely to sprout. Lets join hands to help Jahar to achieve the financial freedom he deserves.
Jahar Singh is an agripreneur who works 8 hours a day for 7 days a week. With this loan Jahar Singh will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Jahar Singh Rajpoot 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
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
Investee
occupation
Farming
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.
Share Jahar Singh's profile
Invite your family and friends to view Jahar Singh's profile on Rang De
