Nasruddin is a young and energetic entrepreneur who's into poultry farming. He lives in the district of Bahraich with his family of eight members. He has been involved with poultry farming for many years now. He addresses the feed and nutrient needs of his birds and is an expert in the field. He wishes to get a loan to purchase more chicks and quality fodder, as he hopes to make his poultry farm even more successful. Invest in him today!
Nasruddin is an agripreneur who works 8 hours a day for 7 days a week. With this loan Nasruddin will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Nasruddin has consented to pay the interest as below:
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
3.20%
5.76% APR
Platform
charges
4.80%
8.64% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 50,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
Established in
1995
With Rang De from
2021
Founded by
Dr.Ashok Khosla
Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.
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