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Jai

Singh

Agripreneur

Rohru, Himachal Pradesh

364 livelihood days

Borrower Image 1

Jai

Singh

#passionate#achiever
Invest in Jai Singh as he needs post harvest credit for his apples.

Agripreneur

Himachal Pradesh

364 potential days of livelihood

1,95,000 loan is fully repaid

1,95,000 loan is fully repaid


About Jai

Jai Singh is an apple farmer and he has been active in this profession for the last thirty-five years. He lives with his family of four in Rohru, Shimla. His main source of income is generated from his apple orchards. Despite having his own orchard, he still experiences challenges in his apple cultivation process, which makes him seek out post-harvest credit to meet the expenses and provide for his family. With some support now, he would be able to ensure their long-term financial security. He hopes to expand his apple cultivation, reach more markets and enhance his income. Invest in Jai Singh's apple orchard, invest in his future!

About Jai Singh's livelihood

Jai is an agripreneur who works 8 hours a day for 7 days a week. With this loan Jai 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. Jai Singh 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

1,95,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

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

Fruitfal Technologies India Pvt Ltd
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Subir, Viresh, Abhishek

Small Indian farmers face huge challenges today - they cultivate amazing harvests but have trouble finding good markets and being paid fairly. The current system of buying and selling denies them access to trade they can trust with long delays in getting paid and leaves them straddled with tremendous debt and post-harvest losses. Fruitfal helps to fix these problems and create a better environment for small farmers.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS