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Pankaj

Kumar

Agripreneur

Kinnaur, Himachal Pradesh

Loan Written Off

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Pankaj

Kumar

#breadwinner#hardworking
Pankaj is keen to get post harvest credit for his apples.

Agripreneur

Himachal Pradesh

Loan Written Off

409 potential days of livelihood


About Pankaj

Pankaj Kumar is a hardworking man who lives in Nichar in Himachal Pradesh. He has been in the farming industry for the past five years and cultivates apples. Now his apples are harvested and he is looking to get some credit from Rang De to meet the post-harvest expenses. He can also extend his farming operations and reap better yields. This credit will allow him to meet his needs on time. Invest in Pankaj as he is hoping to expand his farming business and enjoy better profits.

About Pankaj Kumar 's livelihood

Pankaj is an agripreneur who works 9 hours a day for 7 days a week. With this loan Pankaj will potentially obtain employment for 409 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

2,00,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

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

Fruitfal Technologies India Pvt Ltd
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Subir, Viresh, Abhishek

Small Indian farmers face huge challenges today - they cultivate amazing harvests but have trouble finding good markets and being paid fairly. The current system of buying and selling denies them access to trade they can trust with long delays in getting paid and leaves them straddled with tremendous debt and post-harvest losses. Fruitfal helps to fix these problems and create a better environment for small farmers.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS