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Sukh

Sagar

logoAgripreneur

logo Kinnaur, Himachal Pradesh

logo 2,50,000 has been disbursed

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

b-img

Sukh

Sagar

#determined#hustler
Support Sukh Sagar as he needs post-harvest credit for his apples.

logoAgripreneur

logo Kinnaur, Himachal Pradesh

logo 2,50,000 has been disbursed

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

250,000 is
the current outstanding balance


Sukh Sagar is a passionate farmer who has been farming for the past five years. He grows apples on a total of two acres of land and this is the main source of income for his family. It is a tough task to grow fruits; the weather and rain hold great sway on the success of the crop. Now, the apples are ready to sell in the market and he is hoping to get a loan to meet the post-harvest expenses of his farm. The loan will also enable him to invest in the new cultivation season as well. Support Sukh Sagar as he expands his farming operations.

I wish to cultivate more fruits and expand my farm.

About Sukh Sagar's livelihood

Sukh is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sukh 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

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

2,50,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI Equated Quarterly Instalment

Investee
occupation

Farming

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.

Fruitfal Technologies India Pvt Ltd
   

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0