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Namdev

Ivanti

logoAgripreneur

logo Chhindwara, Madhya Pradesh

logo 25,000 has been disbursed

logo 234 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Namdev

Ivanti

#courageous#achiever
Namdev needs a loan to upscale his poultry business.

logoAgripreneur

logo Chhindwara, Madhya Pradesh

logo 25,000 has been disbursed

logo 234 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

25,000 is
the current outstanding balance

0 57.14 42.86 0 6250 8333

0%

43%

57%


Namdev lives in Chhindwara with his family. He possesses a strong work ethic and is skilled in animal husbandry. When Namdev started his business he couldn't have imagined what it would grow into today. Namdev is a successful poultry farmer; he works in the poultry business and possesses a small flock of 30 chickens. With his current flock, he is able to maintain his family's quality of life and make a profit to reinvest. This loan will help him buy more chicks and also build a shelter for them.

I want to build a big poultry farm.

About Namdev Ivanti's livelihood

Namdev is an agripreneur who works 6 hours a day for 6 days a week. With this loan Namdev will potentially obtain employment for 234 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

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% APR

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

Loan
amount

25,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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.

Agri Entrepreneur Growth Foundation
   

Established in

2019

With Rang De from

2021

Founded by

Syngenta Foundation India and Tata Trust

AGRI ENTREPRENEUR GROWTH FOUNDATION (AEGF) is an independent not-for-profit organization which is registered under Section 8 of the Companies Act, 2013 and was launched on 25th January, 2019. AEGF aims to create a 'development highway' which brings access to appropriate and transformative technologies and services for smallholder farmers in India. AEGF nurture rural youth as agri-entrepreneurs to play an active role in agriculture development in their region by acting as 'one-stop partners' for smallholder farmers AEGF understand the smallholder farmer deeply and provide comprehensive brand-agnostic services to him/her through th rural youth acting as a unifying means. The firm has a vision to create wealth for resource-poor small-holder farmers in India through innovation, sustainable agriculture, and connecting them to value chains. Today, there are 5200 AEs who are currently operational out of a total of 6444 trained AEs under the program, supporting 461764 associated farmers across the nation. The aforementioned farmers collectively manage 727295 acres of land. The AEG Foundation has been certified as one of the best workspaces in India by the Great Place to Work Institute© for 2021.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0