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Lakshmi

Kushwaha

Agripreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Lakshmi

Kushwaha

#Determined#Ambitious
Support Lakshmi to purchase quality inputs and hire labour.

Agripreneur

Madhya Pradesh

312 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Lakshmi

Lakshmi Kushwaha is a small-scale farmer in Tikamgarh who is connected with the farming community to sustain her family's daily needs. She lives with her husband, two older daughters, and a younger son. She owns a physical plot of land, which is farmland. Lakshmi works hard to ensure her family has enough food to eat. She sells her produce to her local market. She can also be found working her plot of land where she grows seasonal crops such as moong, urad, and khesaria. Lakshmi is looking for an additional loan which will be used to hire labour and purchase quality inputs for her land. This loan will help her diversify her farm and improve her family's diet. Her hard work and determination will result in a strong and successful harvest.

About Lakshmi Kushwaha's livelihood

Lakshmi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Lakshmi will potentially obtain employment for 312 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Lakshmi Kushwaha 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

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Farming

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