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Rahul

Pal

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Rahul

Pal

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

logoAgripreneur

logo Tikamgarh, Madhya Pradesh

logo 30,000 has been disbursed

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,024.8 is
the current outstanding balance

99.9 0 0.1 24975 25 0

100%

0%

0%


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.

My dream is to enjoy a secure future with my family.

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.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0