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Lalmani

Agripreneur

Sant Ravidas Nagar, Uttar Pradesh

591 livelihood days

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Lalmani

#breadwinner#hardworking
Lalmani needs credit to expand his fruit business.

Agripreneur

Uttar Pradesh

591 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Lalmani

Lalmani lives with his family of 5 members in district Sant Ravidas Nagar in Uttar Pradesh. Lalmani is a hardworking man who always tries to balance his family's needs with his income. Lalmani is looking to raise a loan to buy more fruits and expand his existing business. He wants to stock up his shop with all the seasonal fruits for his customers. Eventhough he tries to meet the demand of his customers sometimes due to financial difficulties, Lalmani is unable to buy the fresh fruits due to the high prices charged by the wholesalers. In order to provide his customers with their need Lalmani wants to take up this loan and satisfy his customers with all the supply. Invest in Lalmani's business of supplying fresh and wholesome fruits by investing in this loan opportunity.

About Lalmani 's livelihood

Lalmani is an agripreneur who works 13 hours a day for 7 days a week. With this loan Lalmani will potentially obtain employment for 591 days.

Interest Rate

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Agro products

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