Manohar is a resident of Tikamgarh and built his dairy business from scratch. He wants to expand his dairy business, where, with your help, he will invest in a buffalo. This buffalo will help in increasing his household income. Encourage Manohar's entrepreneurial ability by investing in his need.
Manohar is an agripreneur who works 8 hours a day for 7 days a week. With this loan Manohar will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Manohar Kushwaha 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
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
Investee
occupation
Animal husbandry
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.
Share Manohar's profile
Invite your family and friends to view Manohar's profile on Rang De
