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Santosh

Agripreneur

Niwari, Madhya Pradesh

182 livelihood days

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Santosh

#ambitious#positive
Enable Santosh to purchase a buffalo and fodder for his farm.

Agripreneur

Madhya Pradesh

182 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Santosh

Santosh is a passionate man from Niwari, Madhya Pradesh, and lives with his family of four. Santosh's family is currently involved with the animal husbandry business; he keeps his buffaloes fed with fodder and provides good care. He will use the loan to buy a new buffalo that will be used to produce milk and create a steady income for the family. This enhanced income will be a great help for Santosh to meet the needs of his family on time. Support Santosh to enjoy a better life!

About Santosh 's livelihood

Santosh is an agripreneur who works 4 hours a day for 7 days a week. With this loan Santosh will potentially obtain employment for 182 days.

Interest Rate

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

Animal husbandry

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