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Meena

Agripreneur

Niwari, Madhya Pradesh

364 livelihood days

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Meena

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Invest in Meena to purchase quality seeds and fertilizers for the new farming season.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Meena

Meena hails from Niwari in Madhya Pradesh and is an experienced farmer. Agriculture is the main source of income for her family of four. She aspires to improve her farming skills and raise her earnings so that she can lead a better life with her family. This loan will enable Meena to purchase quality seeds and fertilizers for the new farming season. She hopes to meet all her credit needs and start the season on time. The additional income will serve as a backup plan and also help her fulfill her children's needs. Invest in Meena now!

About Meena 's livelihood

Meena is an agripreneur who works 8 hours a day for 7 days a week. With this loan Meena 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. Meena 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

Farming

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