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Suman

Singh

Agripreneur

Vaishali, Bihar

409 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suman

Singh

#breadwinner#hardworking
Invest in Suman to purchase quality seeds for the upcoming sowing season.

Agripreneur

Bihar

409 potential days of livelihood

40,000 loan is fully repaid

40,000 loan is fully repaid


About Suman

Suman Singh is a hardworking, sincere farmer who has been working for the past ten years to provide for her family and build a future for them. Suman's commitment to providing for her family has been where she has found her strength and she has been consistent in her hard work. By maintaining a good relationship with her farming partners, she has been able to cultivate high-quality crops to supply to her farming group. With this loan, Suman can focus on planting quality seeds for the coming season in time. This will provide her with a higher yield and profit. Suman's commitment to improving her skills and providing a sustainable source of income is anything but ordinary, and you can join in supporting her ambition while helping her family!

About Suman Singh's livelihood

Suman is an agripreneur who works 9 hours a day for 7 days a week. With this loan Suman 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. Suman Singh has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

40,000

Loan
tenure

16 months

Moratorium

2 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very 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

Sarva Seva Samity Sanstha
   view website
Partner logo

Established in

2003

With Rang De from

2020

Founded by

Shri Vijay Mahajan

Sarva Seva Samity Sanstha was promoted in 2003 as a not for profit society to serve the most marginalized and in areas where most professionals were not able to reach. This is the reason it got registered in Gaya and was mandated to work with women and marginalized in the most difficult blocks where there was almost no reach of any NGO, MFI, and government programs. Sarva Seva Samity since 2003 has been working silently over the years in deep pockets of Bihar, Odisha, and Jharkhand and undertaking tasks like contract farming in Potato, Fee-based SRI, cultivation of True potato seed, undertaking saving and credit activities. With this mission to be at the grassroots and work on developing a sustainable and equitable society, Sarva Seva Samity continues to strive to bring in new technologies and processes and take up challenging issues that will help the poor and marginalized a have a better living and standard of life.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS