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Pankaj

Kumar

Agripreneur

Kinnaur, Himachal Pradesh

Loan Written Off

364 livelihood days

Borrower Image 1

Pankaj

Kumar

#courageous#go-getter
Pankaj is keen to meet the post harvest expenses of his apples.

Agripreneur

Himachal Pradesh

Loan Written Off

364 potential days of livelihood


About Pankaj

Pankaj Kumar is a farmer by profession. He lives in Nichar in Himachal Pradesh. He has been growing apples for the past five years and is looking to expand his market. To do this, he requires a loan to meet the post-harvest expenses of the apples, so that he can expand his business. He would use the loan to pay off the expenses related to the harvest and invest some amount to start cultivation in the new season as well. With every apple sold, it contributes to creating a better future for his family. Support Pankaj in his apple farming business and see him grow his business further.

About Pankaj Kumar 's livelihood

Pankaj is an agripreneur who works 8 hours a day for 7 days a week. With this loan Pankaj will potentially obtain employment for 364 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

2,62,000

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