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Perugu

Diwakar Reddy

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Perugu

Diwakar Reddy

#ambitious#keen
Perugu needs a loan for harvesting his crops.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

2,53,000 loan is fully repaid

2,53,000 loan is fully repaid


About Perugu

Perugu Diwakar Reddy is a farmer from the Anantapur district in India. Perugu has been farming for 5 years, and the income he has earned has been enough for his needs, although he still has a few goals he would like to achieve. Perugu would like to have a good harvest this year and invest in farm equipment, as well as buy other supplies necessary to keep up his farm. Perugu needs a loan to pay off the harvesting expenses. Perugu is very open to using the additional income he will receive to educate his children and provide them with opportunities in life. Help Perugu develop his farming business, and grow into a more successful self.

About Perugu Diwakar Reddy's livelihood

Perugu is an agripreneur who works 8 hours a day for 6 days a week. With this loan Perugu 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. Perugu Diwakar Reddy 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

2,53,000

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