false
false 0 0 aHE5H7nsMm

Satyendra Kumar

Verma

logoAgripreneur

logo Barabanki, Uttar Pradesh

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

b-img b-img b-img b-img

Satyendra Kumar

Verma

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

logoAgripreneur

logo Barabanki, Uttar Pradesh

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

50,000 loan is fully repaid

50,000 loan is fully repaid


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.

I want to provide quality education to my children.

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.

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

50,000

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0