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Musugu

Adinarayana

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Musugu

Adinarayana

#ambitious#hardworking
Invest in Musugu for a good season.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

32,000 loan is fully repaid

32,000 loan is fully repaid


About Musugu

Musugu has ploughed this farmland for over 10 years. With the help of government subsidies and fertilizers, he has been able to cultivate crops that have benefited him and his family greatly. From the profit made, he plans to construct a house and construct a small shed as well. Musugu is hopeful that this time around he will see his crops grow ripe and produce excellent yields. In his own words, he said "If we sow well, the crop shall prosper!" The strength of Musugu's character shows in his actions. Farming is the soul of this village, and Musagu plans to continue farming to contribute to the growth of his community. He is a wise man who understands the principles of agriculture. He wishes to use this credit for post harvest activities.

About Musugu Adinarayana's livelihood

Musugu is an agripreneur who works 8 hours a day for 6 days a week. With this loan Musugu 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. Musugu Adinarayana 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

32,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
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

Swachha Kaadyam LLP
   
Partner logo

Established in

2020

With Rang De from

2022

Founded by

Sathishkumar CAV, V VijayaBhaskar, AB Obulesu, V Balaji

Swachha Kaadyam LLP works with small and marginal Organic farmers of Anantapur district in Andhra Pradesh. Swachha Kaadyam aims to create a "Happy Value" chain where all the players of the value chain are happy. Farmers will be provided fair prices for their crops. All the produce is procured from the farm gate with zero transaction cost for farmers and the amount will be credited to farmers' accounts within a max of 48 hours. Farm gate procurement, fair weighings and measurements and price transparency help farmers improving their incomes. All such procured produce will be processed under hygienic conditions and sold in the market at fair prices to the consumers. Consumers are assured of unadulterated food at a very reasonable price.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS