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Rajendra

Kushwaha

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Rajendra

Kushwaha

#breadwinner#hardworking
Support Rajendra to purchase seeds, fertilizers, and agri machinery for the new sowing season.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


Rajendra is a resident of the Niwari district and works in the agricultural industry. Rajendra is a hard-working man, who has previous experience of five years in this business. Well aware of the potential risks involved especially during this Covid situation, he is looking forward to the upcoming sowing season with optimism and hopes to purchase seeds, fertilizers, and other Agri machinery. With the assistance of this loan, his dream of helping his family prosper will be made possible. Support Rajendra as he hopes for a profitable season!

I wish to enjoy a secure future with my family.

About Rajendra Kushwaha's livelihood

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

Farming

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