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Mohan Rao

Nayak

Agripreneur

GAJAPATI, Odisha

78 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mohan Rao

Nayak

#passionate#hustler
Support Mohan to purchase inputs for cultivating his land.

Agripreneur

Odisha

78 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Mohan Rao

Mohan Rao Nayak is a hardworking family man. He lives with his family in Gajapati. He has been involved in farming for over fifteen years. However, due to a lack of adequate funds and resources, he has faced a lot of trouble with ensuring a proper yield. With the onset of a new season, he wishes to buy good quality seeds, fertilizers as well as pesticides so that he can improve his yield and make better profits. Invest in Mohan Rao as he expands his farming business.

About Mohan Rao Nayak's livelihood

Mohan Rao is an agripreneur who works 3 hours a day for 4 days a week. With this loan Mohan Rao will potentially obtain employment for 78 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Mohan Rao Nayak has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Farming

Investee Credit Rating:
Excellent

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

Gram Vikas
   view website
Partner logo

Established in

1979

With Rang De from

2020

Founded by

Mr. Joe Madiath

Gram Vikas, which literally translates to “Village Development”, has been working for the well-being of tribal and marginalized communities in inaccessible rural areas since 1979. Gram Vikas strives to promote sustainable, socially inclusive and gender equitable practices amongst these communities, thus enabling them to take control over their lives and reach a heightened sense of empowerment. The Vision of Gram Vikas is 'An equitable and sustainable society where people live in peace with dignity'. Gram Vikas' Mission is 'to promote processes which are sustainable, socially inclusive and gender equitable to enable critical masses of poor and marginalized rural people or communities to achieve a dignified quality of life'. Which would be characterized by: Assured access to basic education and adequate health services, Sustainable use and management of natural resources, Options for appropriate family and community infrastructure and sources of energy, Strong self-governing people’s institutions with equal participation of men and women.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS