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Lokendra

Pal

Agripreneur

Niwadi, Madhya Pradesh

364 livelihood days

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Lokendra

Pal

#breadwinner#hardworking
Enable Lokendra to get a buffalo and expand his dairy business.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Lokendra

Lokendra Pal is a resident of Niwadi, a determined man, and an animal husbandry businessman. His self-supporting practice includes rearing buffaloes and selling milk to dairy collectors. Now, he plans to expand his business and needs some financial assistance for the same. This loan will help Lokendra to buy a buffalo and expand his dairy business. The additional income produced by selling milk will contribute towards helping him build a better future. Invest in Lokendra's mission of developing himself and helping others through contributing towards the growth of his family's dairy business.

About Lokendra Pal's livelihood

Lokendra is an agripreneur who works 8 hours a day for 7 days a week. With this loan Lokendra will potentially obtain employment for 364 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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