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Mukesh

Damar

Agripreneur

Ratlam , Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mukesh

Damar

#provider#determined
Mukesh needs agri inputs to start a fresh season.

Agripreneur

Madhya Pradesh

312 potential days of livelihood

42,000 loan is fully repaid

42,000 loan is fully repaid


About Mukesh

Mukesh needs to begin sowing for the Kharif season. he is from Orissa and lives with a family of three. The recent disruption due to the COVID-19 crisis has made it difficult for Mukesh to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, He will be able to buy all the essentials required and begin the season on time. This will help him to have a successful harvest and fulfill the needs of his family.

About Mukesh Damar 's livelihood

Mukesh is an agripreneur who works 8 hours a day for 6 days a week. With this loan Mukesh will potentially obtain employment for 312 days.

Interest Rate

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

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

42,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments

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

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020
Partner logo

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rupees Icon

Rs 65,72,900

Disbursed
User circle icon

175

Investees
Repayment icon

100.0%

Repayments
Left quotes

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS