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Ramshankar

Tiwari

Agripreneur

Jhansi, Uttar Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ramshankar

Tiwari

#hardworking# gogetter
Ramshankar seeks credit to purchase raw materials for his vermicompost business.

Agripreneur

Uttar Pradesh

273 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Ramshankar

Ramshankar lives in a small village near Jhansi with his wife and his child. He owns a small-scale agro products business. Due to his hard work and dedication, he was able to establish himself as a prominent businessman in the local area. But Ramshankar's business relies on farming season's supply of organic fertilizer and cow dung to produce vermicompost, a bio-organic fertilizer. The demand for organic fertilizer is very high in the region and this demand keeps increasing every year. Ramshankar wishes to expand his business to meet the increasing demand. With his loan, Ramshankar plans to purchase more raw materials for his vermicompost business. Invest in Ramshankar today.

About Ramshankar Tiwari's livelihood

Ramshankar is an agripreneur who works 6 hours a day for 7 days a week. With this loan Ramshankar 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. Ramshankar Tiwari 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

Agro products

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