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Sharad

Rameshrao Sable

Agripreneur

Yavatmal, Maharashtra

312 livelihood days

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Sharad

Rameshrao Sable

#dedicated#rolemodel
Support Sharad in preserving his produce in a cold storage facility.

Agripreneur

Maharashtra

312 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Sharad

Sharad is a resident of Devanala, Yavatmal. He grows soybeans on his farm. Sharad has been cultivating on his farmland for the past 15 years. Since the pandemic, Sharad is very cautious about Soybean market prices. Sharad has decided to get a cold storage facility where he can preserve his produce. This will enable him to store his produce for the entire year, thereby ensuring a stable income for him and his family.

About Sharad Rameshrao Sable's livelihood

Sharad is an agripreneur who works 8 hours a day for 6 days a week. With this loan Sharad will potentially obtain employment for 312 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sharad Rameshrao Sable has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,00,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Excellent

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

Gramheet Private Limited
   view website
Partner logo

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS