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Ramjit

Agripreneur

Mirzapur, Uttar Pradesh

50,000 has been disbursed

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ramjit

#hardworking#ambitious
Support Ramjit to purchase more chicks and expand his farm.

Agripreneur

Uttar Pradesh

50,000 has been disbursed

273 potential days of livelihood

39,676.76 is
the current outstanding balance

20.65 0 0 79.35 10323 0 0 39677

21%

0%

0%

79%


About Ramjit

Ramjit is a hard-working man who lives in Mirzapur, Uttar Pradesh, a place that is known for its population of farmers. Ramjit himself is an animal husbandry farmer, who sells his goats and chickens at the local market. His wife helps him manage all of the household chores while he is away, as he spends the greater part of his day tending to his animals. Ramjit has seen steady growth in his business and yearns to expand his business and grow it to greater heights. A new loan from Rang De will allow him to breed more chickens and purchase quality fodder for expanding his business and reaching more people with his products. This will bring Ramjit only closer to his dream of improving his family's quality of life, a dream he has been working hard towards for years. Support Ramjit's efforts to expand his business and make his mark in the animal husbandry industry.

About Ramjit 's livelihood

Ramjit is an agripreneur who works 6 hours a day for 7 days a week. With this loan Ramjit will potentially obtain employment for 273 days.

Interest Rate

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

50,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS