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Suresh

Kumar

logoAgripreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 182 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Suresh

Kumar

#hardworking#dedicated
Invest in Suresh to purchase seeds and fertilizers for his agro products store.

logoAgripreneur

logo Jhansi, Uttar Pradesh

logo 20,000 has been disbursed

logo 182 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,008.01 is
the current outstanding balance

99.95 0 0.05 14992 8 0

100%

0%

0%


With his successful business of agro products, Suresh, who hails from Jhansi, has a bright future ahead of him. Suresh's shop sells a variety of agro products, from seeds and fertilizers to pesticides and plants. Suresh is an ambitious and enterprising man and has been able to secure a position for himself in the community and in the market over the past couple of years. As the new season is around the corner, he has applied for this loan to purchase more seeds and fertilizers which will benefit his business. This is the time when he gets more business as all the farmers around will be purchasing inputs from him. This will ensure his continued success and rapid development in his field which will in turn ensure that his family is able to live a better life. He might also use it for expanding his business. Invest in Suresh to help him contribute to the growth of his family's business.

I wish to become a successful entrepreneur.

About Suresh Kumar's livelihood

Suresh is an agripreneur who works 4 hours a day for 7 days a week. With this loan Suresh will potentially obtain employment for 182 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

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

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

1.60%

2.88% APR

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Agro products

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.

Indian Micro Enterprises Development Foundation
   view website

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0