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Rajendra

Kumar

Agripreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rajendra

Kumar

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

Agripreneur

Madhya Pradesh

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Rajendra

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!

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.

Interest Rate

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