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Motilal

Prasad

logoSolopreneur

logo Siwan, Bihar

logo 20,000 has been disbursed

logo 318 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img

Motilal

Prasad

#breadwinner#hardworking
Motilal needs credit assistance for buying fish seeds for his fisheries business.

logoSolopreneur

logo Siwan, Bihar

logo 20,000 has been disbursed

logo 318 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

16,664.7 is
the current outstanding balance

100 0 0 3335 0 0

100%

0%

0%


Motilal Prasad is a hard-working young man from Siwan in Bihar. He has shown financial strength and perseverance to continue his fish farming business for the past five years. He has managed to be financially independent and support his family with ease. He hopes to expand his business and increase his income by buying more fish seeds and raising them in ponds for sale. Support Motilal as he plans to enhance his income.

My dream is to enjoy a secure future with my family.

About Motilal Prasad's livelihood

Motilal is a solopreneur who works 7 hours a day for 7 days a week. With this loan Motilal will potentially obtain employment for 318 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

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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 Equated Monthly Instalment

Investee
occupation

Fisheries

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.

Jaljeevika Infotech Pvt Ltd
   

Established in

2020

With Rang De from

2022

Founded by

Neelkanth Mishra

JJaljeevika is addressing the issue of small-scale fish farmers, building community resilience and capacity to enhance livelihood opportunities using existing water bodies, technology and leveraging institutions. They work through an ecosystem development model to build skill, develop institutional capacity and empower smallholders to interact with the market using the technology platform. They are facilitating the process in collaboration with various stakeholders to establish a knowledge forum to establish Blue Economy. For detail , visit their website www.jaljewvika.org

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0