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Lakshmi

Kushwaha

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Lakshmi

Kushwaha

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

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 50,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

28,994.05 is
the current outstanding balance

100 0 0 21006 0 0

100%

0%

0%


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.

I wish to expand my agriculture activity.

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.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0