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Rajendra

Kumar

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

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

b-img b-img b-img

Rajendra

Kumar

#strong#determined
Support Rajendra to buy seeds and fodder for his fish farming.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 30,000 has been disbursed

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

7,498.64 is
the current outstanding balance

100 0 0 22501 0 0

100%

0%

0%


Rajendra Kumar is a fish farmer from Niwari. He lives with his family of seven and has been in this business for many years. He has ponds in his farmlands in which he grows fish and sells in the neighborhoods and local markets. Now, he needs a loan to purchase fish seeds and quality and nutritious fodder for the fish. He hopes to reap a good harvest by end of the season and make better profits. He will be able to lead a quality life with his family. Invest in Rajendra's fish farming business now!

I wish to expand my fish farming business.

About Rajendra Kumar'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

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