Sukh Sagar is a hardworking farmer who hails from Kinnaur. He is an ambitious man who is very skilled at cultivating apples and owns a farm. He is ready with his harvest and is looking for a loan to use as post-harvest credit and meet the storage expenses. This will support him to store his apples and avoid spoilage. He has the ambition to expand his apple farm to produce a variety of apples in the near future. Invest in Sukh Sagar today!
Sukh is an agripreneur who works 6 hours a day for 6 days a week. With this loan Sukh will potentially obtain employment for 234 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sukh Sagar has consented to pay the interest as below:
Investee
pays
8.00% flat p.a.
14.40% APR
Social
Investor
8.00%
14.40% APR
Platform
charges
0.00%
0.00% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 3,20,000
Loan
tenure
9 months
Moratorium
None
Repayment
mode
EQI
Investee
occupation
Farming
Established in
2018
With Rang De from
2022
Founded by
Subir, Viresh, Abhishek
Small Indian farmers face huge challenges today - they cultivate amazing harvests but have trouble finding good markets and being paid fairly. The current system of buying and selling denies them access to trade they can trust with long delays in getting paid and leaves them straddled with tremendous debt and post-harvest losses. Fruitfal helps to fix these problems and create a better environment for small farmers.
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