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Navaneethan

Marimuthu

Agripreneur

Nilgiris, Tamil Nadu

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Navaneethan

Marimuthu

#growth#provider
Support Navaneethan expand his animal husbandry business by purchasing goats and chicks.

Agripreneur

Tamil Nadu

546 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Navaneethan

Navaneethan Marimuthu is a young, hardworking man from the Nilgiris, Tamil Nadu. He has been running an animal husbandry business for over six years to support his family of four. Now, with the help of some credit, he hopes to purchase some goats and chicks, fodder and medicines for them, and set up a proper shed. He believes that this would help him enhance his income further and help him in securing his family's future. Help Navaneethan today!

About Navaneethan Marimuthu's livelihood

Navaneethan is an agripreneur who works 12 hours a day for 7 days a week. With this loan Navaneethan will potentially obtain employment for 546 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Navaneethan Marimuthu has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

1,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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

Agri Entrepreneur Growth Foundation
   
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS