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Satyendra Kumar

Verma

Agripreneur

Barabanki, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Satyendra Kumar

Verma

#Hardworking#noble
Satyendra needs a loan to refurbish his poultry farm.

Agripreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Satyendra Kumar

Satyendra is a resident of Barabanki. He works in animal husbandry but his farm is not in optimal condition. He needs refurbishments on his poultry farm such as a new roof, new flooring and repair of the fence around it. This small loan would help him accomplish that. With this, he can continue his business in a better way. And due to the high demand for broiler chicken, he has a good chance of earning more profit. The additional income thus produced can help him build a sound future for his family. Have your own share in supporting Satyendra's venture by investing in him.

About Satyendra Kumar Verma's livelihood

Satyendra Kumar is an agripreneur who works 8 hours a day for 7 days a week. With this loan Satyendra Kumar 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. Satyendra Kumar Verma 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:
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