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Mylarapu

Bhaskara Reddy

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Mylarapu

Bhaskara Reddy

#breadwinner#hardworking
Support Bhaskara Reddy with post-harvest credit for his produce.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

1,58,600 loan is fully repaid

1,58,600 loan is fully repaid


About Mylarapu

Mylarapu Bhaskara Reddy is a farmer in Anantapur, Andhra Pradesh. Utilizing his four acres of land, he produces onions, groundnuts, and different types of vegetables, amongst others. In the past, he has faced difficulty in getting prompt payment for his produce and is looking for a way to get his produce sold and get the payment for it on time. He is looking for a loan to cover the costs of hiring labor and other post-harvesting expenses. Invest in Bhaskara Reddy as he promptly clears all his dues and makes his business well-managed.

About Mylarapu Bhaskara Reddy's livelihood

Mylarapu is an agripreneur who works 8 hours a day for 6 days a week. With this loan Mylarapu 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. Mylarapu Bhaskara Reddy 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

1,58,600

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

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