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Sukh

Sagar

Agripreneur

Kinnaur, Himachal Pradesh

Loan Written Off

409 livelihood days

Borrower Image 1

Sukh

Sagar

#believer#resilient
Support Sukh Sagar with post harvest credit for his apple farm.

Agripreneur

Himachal Pradesh

Loan Written Off

409 potential days of livelihood


About Sukh

Sukh Sagar is a young farmer from Kinnaur who believes that hard work pays off. He works diligently for his family and is the sole provider for his family of three members. He has been cultivating apples for the past five years and makes a decent living on his land. Like many other farmers, he faces a major problem of post-harvest losses as he faces a huge gap between the time he harvests and the time he sells. To bridge this gap he is looking to get post-harvest credit for his apple farm. Invest in Sukh Sagar as he gets a loan to cover the expenses of post-harvest and increasing profits on his farm.

About Sukh Sagar's livelihood

Sukh is an agripreneur who works 9 hours a day for 7 days a week. With this loan Sukh will potentially obtain employment for 409 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

1,00,000

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