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Ravi Ashokrao

Deshmukh

Agripreneur

Yavatmal, Maharashtra

234 livelihood days

Borrower Image 1 Borrower Image 2

Ravi Ashokrao

Deshmukh

#resilient#breadwinner
Invest in Ravi to access storage and sell his produce for a fair price.

Agripreneur

Maharashtra

234 potential days of livelihood

95,000 loan is fully repaid

95,000 loan is fully repaid


About Ravi Ashokrao

Ravi Ashokrao has been cultivating his land in Yavatmal, Maharashtra, for over seventeen years now. He lives with a family of three . He has a fresh batch of produce but due to falling prices, he has decided to wait until he can sell it for a reasonable price. He needs credit to access storage facilities and pay for essential labour. This loan will enable him to add value to his produce with further processing and also access the storage. He can then wait until he is able to sell his produce at a fair price. This loan will also enable him to meet the expenses of the upcoming season. Invest in Ravi as he works hard to tide over this tough time.

About Ravi Ashokrao Deshmukh's livelihood

Ravi Ashokrao is an agripreneur who works 6 hours a day for 6 days a week. With this loan Ravi Ashokrao will potentially obtain employment for 234 days.

Interest Rate

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

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Loan
amount

95,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Excellent

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

Gramheet Private Limited
   view website
Partner logo

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS