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Rahul

Pal

Agripreneur

Tikamgarh, Madhya Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rahul

Pal

#ambitious# hardworking
Rahul Pal wants to expand his animal husbandry business and lead a quality life.

Agripreneur

Madhya Pradesh

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Rahul

Rahul Pal has been running his animal husbandry unit for the last seven years to support his family of four. Being the sole breadwinner of the family, this business is the main source of income for the household. With the help of the loan, Rahul wishes to purchase an additional buffalo to add to his animal husbandry unit. He will also be able to use the remaining funds to purchase quality feed and fodder for the cattle. Support Rahul as he works hard to provide his children with a good education.

About Rahul Pal's livelihood

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS