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Mylarapu

Madhusudan Reddy

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Mylarapu

Madhusudan Reddy

#resilient#breadwinner
Support Madhusudan to meet the post harvest expenses.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

67,000 loan is fully repaid

67,000 loan is fully repaid


About Mylarapu

Madhusudan is a hard-working farmer who grows crops for his family's daily income. Since he started farming he has had a steady income but with the ill effects of the pandemic, he has been facing issues to meet the credit needs of his farm. As his crops are about to harvest, with this loan, he will be able to meet the harvesting expenses, labour and transportation charges, and charges of processing the produce. This loan will enable Madhusudan to sell his produce in the market when the price is high. Invest in Madhusudan as he aims to get some profit by selling his crops!

About Mylarapu Madhusudan 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 Madhusudan 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

67,000

Loan
tenure

8 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