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P

Nagaraju

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

P

Nagaraju

#brave#keen
Nagaraju needs a loan to pay for post harvest expenses.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

49,000 loan is fully repaid

49,000 loan is fully repaid


About P

Nagaraju is a hardworking and determined farmer from the Anantapur district of Andhra Pradesh. He has been working on his land for over thirty years. By shifting from conventional farming to modern farming he has been able to reduce his production costs by half. The conditions of his land have improved and he has been growing higher quality crops. Despite his success, he needs some financial assistance in order to pay for post-harvest expenses and other mandatory farming costs. You can enable him reach this goal by investing in him today.

About P Nagaraju 's livelihood

P is an agripreneur who works 8 hours a day for 6 days a week. With this loan P 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. P Nagaraju 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

49,000

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