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Kamlesh Kumar

Banshkar

Agripreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Kamlesh Kumar

Banshkar

#dedicated#passionate
Support Kamlesh to buy seedlings and fence his farm.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Kamlesh Kumar

Kamlesh is a hardworking farmer residing in Niwari, Madhya Pradesh. He practices organic farming and grows several crops such as green peas and mustard on his field. Since he earns well through his farming business and farming provides employment, he wishes to expand his crop to include more varieties and increase his profit. This loan will help him purchase more seedlings and fence his farm. With this loan, Kamlesh can avail the benefits of selling his crops at the market and selling them in good quality as he will be able to grow a larger variety of crops. Help Kamlesh keep his farm safe from monsoon damage and expand his farm to reap more profit.

About Kamlesh Kumar Banshkar's livelihood

Kamlesh Kumar is an agripreneur who works 8 hours a day for 7 days a week. With this loan Kamlesh Kumar 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. Kamlesh Kumar Banshkar 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

20,000

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

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