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Mithun

Kushwaha

Agripreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mithun

Kushwaha

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

Agripreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Mithun

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!

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.

Interest Rate

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

Loan Details

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

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