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Mithun

Kushwaha

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Mithun

Kushwaha

#active#passionate
Invest in Mithun to purchase Papaya saplings and net for his farm.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

9,986.39 is
the current outstanding balance

100 0 0 20014 0 0

100%

0%

0%


Mithun is a farmer in Niwari, India, a district of the Madhya Pradesh state, where he resides with his wife and two children. He has been working as a farmer for five years, growing papaya. With the help of the additional investment of this loan, he will be able to purchase more saplings, which will begin to grow over the next couple of months and will be sold in the market. He also plans to buy nets to cover the papayas to protect them from insects. This investment will help Mithun to reap a good harvest. Invest in Mithun today and help him grow further!

I wish to buy more agricultural land.

About Mithun Kushwaha's livelihood

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

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