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Rajesh

Vijaypal

Agripreneur

Badhra, Haryana

Loan Written Off

546 livelihood days

Borrower Image 1

Rajesh

Vijaypal

#dedicated#believer
Invest in Rajesh as he needs post harvest credit.

Agripreneur

Haryana

Loan Written Off

546 potential days of livelihood


About Rajesh

Rajesh Vijaypal is a hard-working man who is known for his tireless efforts. He lives with his family of nine members in the district of Badhra, which is located in the Indian state of Haryana. He's been involved in farming for the past three years and this is the most important source of income for his family. Now, he is ready with his produce from the last season. He needs some funds to invest in as post-harvest credit. This will allow him to meet the necessary expenses post the harvest and start the next season on time. Due to the fact that agriculture is a risky business, the income from farming has dropped significantly and this has changed the lives of all the family members. With a dream of providing for his family a better and secure future, he is looking to expand his farming business further. Invest in Rajesh Vijaypal as he hopes for a better farming season next time.

About Rajesh Vijaypal 's livelihood

Rajesh is an agripreneur who works 12 hours a day for 7 days a week. With this loan Rajesh will potentially obtain employment for 546 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rajesh Vijaypal has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

3,62,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Farming

Investee Credit Rating:
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

Fruitfal Technologies India Pvt Ltd
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Subir, Viresh, Abhishek

Small Indian farmers face huge challenges today - they cultivate amazing harvests but have trouble finding good markets and being paid fairly. The current system of buying and selling denies them access to trade they can trust with long delays in getting paid and leaves them straddled with tremendous debt and post-harvest losses. Fruitfal helps to fix these problems and create a better environment for small farmers.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS