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Suresh

Kumar

Agripreneur

Jhansi, Uttar Pradesh

182 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suresh

Kumar

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

Agripreneur

Uttar Pradesh

182 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Suresh

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Suresh Kumar has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Investee
occupation

Agro products

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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

FUNDS

INDIVIDUALS