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Raj Kumar

Rajak

logoAgripreneur

logo Dindori, Madhya Pradesh

logo 1,00,000 has been disbursed

logo 312 livelihood days i

b-img b-img

Raj Kumar

Rajak

#courageous#go-getter
Support Raj Kumar to stock up his agro-products store.

logoAgripreneur

logo Dindori, Madhya Pradesh

logo 1,00,000 has been disbursed

logo 312 potential days of livelihood i

70,428.08 is
the current outstanding balance

100 0 0 29572 0 0

100%

0%

0%


Raj Kumar, is based out of Dindori and has been working in the agro-business for the past seventeen years. What sets Raj Kumar apart from most others is his ability to manage his business and his family with honesty. Raj Kumar is a hard-working man who is the sole breadwinner of his family. But the high cost of agro-products has been affecting his store business and hence his income. He seeks a loan from Rang De to obtain seeds for his store, as well as fertilizers. He hopes to expand his business by stocking up more seeds and fertilizers along with his current products. With this addition, he hopes to enhance his business and earn a good profit. Invest in Raj Kumar's business now!

I wish to scale up my business.

About Raj Kumar Rajak's livelihood

Raj Kumar is an agripreneur who works 8 hours a day for 6 days a week. With this loan Raj Kumar 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 i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

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

Loan
amount

1,00,000

Loan
tenure

12 months

Moratorium

1 month

Repayment
mode

EMI i

Investee
occupation

Agro products

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

No credit history available

 

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Agri Entrepreneur Growth Foundation
   

Established in

2019

With Rang De from

2021

Founded by

Syngenta Foundation India and Tata Trust

AGRI ENTREPRENEUR GROWTH FOUNDATION (AEGF) is an independent not-for-profit organization which is registered under Section 8 of the Companies Act, 2013 and was launched on 25th January, 2019. AEGF aims to create a 'development highway' which brings access to appropriate and transformative technologies and services for smallholder farmers in India. AEGF nurture rural youth as agri-entrepreneurs to play an active role in agriculture development in their region by acting as 'one-stop partners' for smallholder farmers AEGF understand the smallholder farmer deeply and provide comprehensive brand-agnostic services to him/her through th rural youth acting as a unifying means. The firm has a vision to create wealth for resource-poor small-holder farmers in India through innovation, sustainable agriculture, and connecting them to value chains. Today, there are 5200 AEs who are currently operational out of a total of 6444 trained AEs under the program, supporting 461764 associated farmers across the nation. The aforementioned farmers collectively manage 727295 acres of land. The AEG Foundation has been certified as one of the best workspaces in India by the Great Place to Work Institute© for 2021.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0