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Palla

Narasimhulu

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Palla

Narasimhulu

#passionate#resilient
Narasimhulu needs credit to meet the post harvesting expenses of his produce.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

1,18,000 loan is fully repaid

1,18,000 loan is fully repaid


About Palla

Palla Narasimhulu is a farmer residing in Anantapur, Andhra Pradesh. He's been growing vegetables, groundnuts, and cotton for the past seven years. Palla has gained a reputation for delivering quality produce in his region. This loan will help him manage post-harvesting expenses and market his produce. He will pay for labour and transportation costs, and the costs of processing the produce. He will be able to sell his produce at a higher price in the market. The loan will help him expand and enhance his business, as well as allow him to maintain his reputation for delivering quality produce in his region. Invest in Narasimhulu now!

About Palla Narasimhulu's livelihood

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

1,18,000

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