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Nagaraju

Palavayi

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Nagaraju

Palavayi

#dedicated#believer
Support Nagaraju to meet the harvesting expenses of his farm.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Nagaraju

Palavayi Nagaraju is a skilled farmer from Anantapur, Andhra Pradesh. He is a very hard-working person and has never let anything hold him back. One of the most recurring problems that farmers including him in his area encounter is the unavailability of sufficient labor for harvesting crops. He also has to deal with this problem for his farm. With your support, a part of the loan will be spent on hiring labor for harvesting. He will also pay for the machinery and the processing charges. This will ensure a better harvest yield. With this support, he can sell his procude at a better market price. Support him now!

About Nagaraju Palavayi 's livelihood

Nagaraju is an agripreneur who works 8 hours a day for 6 days a week. With this loan Nagaraju 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. Nagaraju Palavayi has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

4.00%

7.20% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

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

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