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Laxmi

Kushwah

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Laxmi

Kushwah

#achiever#growth
Invest in Laxmi to purchase agricultural equipment for the new sowing season.

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,017.12 is
the current outstanding balance

99.93 0 0.07 24983 17 0

100%

0%

0%


Laxmi Kushwah is a hard-working woman who knows perseverance, and this is what sets her apart from many others. Laxmi is a resident of Tikamgarh and has been farming for over ten years. This year, she has planned to start the new season on time with high-quality inputs. She has little savings left, and cannot get essential equipment without your help; she is in dire need of some financial assistance to purchase those. With the support from Rang De, Laxmi will be able to buy agricultural equipment and start a new sowing season. Your support towards Laxmi will help her continue her business.

I wish to expand my agriculture activity.

About Laxmi Kushwah's livelihood

Laxmi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Laxmi will potentially obtain employment for 273 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

30,000

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0