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Sukh

Sagar

Agripreneur

Kinnaur, Himachal Pradesh

Loan Written Off

234 livelihood days

Borrower Image 1

Sukh

Sagar

#positive#hustler
Support Sukh Sagar with post harvest credit for his apple farm.

Agripreneur

Himachal Pradesh

Loan Written Off

234 potential days of livelihood


About Sukh

Sukh Sagar lives with his family of three in Kinnaur, Himachal Pradesh. He is a farmer who owns a large apple orchard where he cultivates apples on the slopes of the Himalayas. Now, he is looking to get a loan to support him with post harvest credit for his apple farm. This loan will enable him clear his expenses and provide him with additional financing to support his apple farm operations. Invest in Sukh Sagar as he receives post harvest credit support for his apple orchard and starts the new season on time.

About Sukh Sagar's livelihood

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.

Interest Rate

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

Loan Details

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

Loan
amount

2,65,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Farming

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

Fruitfal Technologies India Pvt Ltd
   
Partner logo

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

FUNDS

INDIVIDUALS