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Lochon Kamal

Saikia

logoAgripreneur

logo Golaghat, Assam

logo 1,00,000 has been disbursed

logo 234 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Lochon Kamal

Saikia

#ambitious#achiever
Invest in Lochon Kamal to purchase piglets and feed for his pig farm.

logoAgripreneur

logo Golaghat, Assam

logo 1,00,000 has been disbursed

logo 234 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

41,667.52 is
the current outstanding balance

100 0 0 58332 0 0

100%

0%

0%


Lochon Kamal is a resident of Golaghat, Assam, and he owns a pig farm. But due to lack of proper marketing channels and reaching out to a large base of customers, he did not get the attention he deserved and was forced to deal with the problems of animal health and safety. Since his farm is not a large one, he was unable to take care of all the needs of his animals. Now, he would like to upgrade the current facilities and purchase piglets and feed for his farm. He believes that this will support him to provide better care to his animals and fetch more income. Support him now!

I wish to expand my farm.

About Lochon Kamal Saikia's livelihood

Lochon Kamal is an agripreneur who works 6 hours a day for 6 days a week. With this loan Lochon Kamal will potentially obtain employment for 234 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

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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.

Agri Entrepreneur Growth Foundation
   

Established in

2019

With Rang De from

2021

Founded by

Syngenta Foundation India and Tata Trust

AGRI ENTREPRENEUR GROWTH FOUNDATION (AEGF) is an independent not-for-profit organization which is registered under Section 8 of the Companies Act, 2013 and was launched on 25th January, 2019. AEGF aims to create a 'development highway' which brings access to appropriate and transformative technologies and services for smallholder farmers in India. AEGF nurture rural youth as agri-entrepreneurs to play an active role in agriculture development in their region by acting as 'one-stop partners' for smallholder farmers AEGF understand the smallholder farmer deeply and provide comprehensive brand-agnostic services to him/her through th rural youth acting as a unifying means. The firm has a vision to create wealth for resource-poor small-holder farmers in India through innovation, sustainable agriculture, and connecting them to value chains. Today, there are 5200 AEs who are currently operational out of a total of 6444 trained AEs under the program, supporting 461764 associated farmers across the nation. The aforementioned farmers collectively manage 727295 acres of land. The AEG Foundation has been certified as one of the best workspaces in India by the Great Place to Work Institute© for 2021.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0