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Santosh

Kushwaha

Agripreneur

Niwari, Madhya Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santosh

Kushwaha

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Santosh to purchase seeds, fertilizers, and farming equipment for the new season.

Agripreneur

Madhya Pradesh

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Santosh

Santosh loves his land dearly, as it's where he can bring joy to his life by growing crops. Santosh goes to the local farmers' market where he sells his produce and earns his livelihood. He has worked for over ten years in this profession and has built a strong reputation for himself; however, he still needs a loan to be able to extend his business. With the help of this loan, Santosh will be able to purchase high-quality seeds and fertilizers for the upcoming farming season. This will guarantee his income for the whole year. With a desire to lead his family towards self-sufficiency, Santosh is working hard to achieve this goal. Support him now to start the new season on time!

About Santosh Kushwaha's livelihood

Santosh is an agripreneur who works 8 hours a day for 7 days a week. With this loan Santosh will potentially obtain employment for 364 days.

Interest Rate

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

20,000

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