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Santosh

Singh

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Santosh

Singh

#breadwinner#hardworking
Support Santosh to purchase a buffalo and fodder for his farm.

logoAgripreneur

logo Niwari, Madhya Pradesh

logo 20,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

4,852.92 is
the current outstanding balance

100 0 0 15147 0 0

100%

0%

0%


Santosh is a resident of Niwari, a hard-working man who runs a small animal husbandry business in his locality. Santosh rustles together the resources out of sheer perseverance to contribute to his family's income. This loan will help Santosh contribute to his family by purchasing another buffalo and quality fodder for his farm, a move that will enable him garner an even larger income. With these funds, Santosh has promised to repay the loan and continue to contribute to his family; support him towards his mission and help him to fulfil his dream.

I wish to enjoy a secure future with my family.

About Santosh Singh'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.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

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 Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0