false
false 0 0 l2NSKzKKSa

Sake

Narasimhulu

Agripreneur

anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Sake

Narasimhulu

#breadwinner#hardworking
Narasimhulu needs access to storage facilities to safeguard his produce.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

1,08,000 loan is fully repaid

1,08,000 loan is fully repaid


About Sake

Narasimhulu Shetti is a hard-working farmer who owns a farm in the district of Anantapur. He has been operating his farm for the past 10 years and provides food for his family. Narasimhulu struggles to store his produce and is often forced to sell them at low prices. This takes away the opportunity to not only make enough profit, but to also make sure that his produce is consumed at its best. He needs a storage facility so that he can store his produce until he is able to make the most profit. With this access to storage facilities, Narasimhulu can sell his produce at a premium. Invest in Narasimhulu as he makes sure that his produce is stored in a secure and scalable facility and receives a post harvesting credit to best meet the demands of his produce.

About Sake Narasimhulu's livelihood

Sake is an agripreneur who works 8 hours a day for 6 days a week. With this loan Sake will potentially obtain employment for 312 days.

Interest Rate

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

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

1,08,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments

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

Swachha Kaadyam LLP
   
Partner logo

Established in

2020

With Rang De from

2022

Founded by

Sathishkumar CAV, V VijayaBhaskar, AB Obulesu, V Balaji

Swachha Kaadyam LLP works with small and marginal Organic farmers of Anantapur district in Andhra Pradesh. Swachha Kaadyam aims to create a "Happy Value" chain where all the players of the value chain are happy. Farmers will be provided fair prices for their crops. All the produce is procured from the farm gate with zero transaction cost for farmers and the amount will be credited to farmers' accounts within a max of 48 hours. Farm gate procurement, fair weighings and measurements and price transparency help farmers improving their incomes. All such procured produce will be processed under hygienic conditions and sold in the market at fair prices to the consumers. Consumers are assured of unadulterated food at a very reasonable price.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS