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Umesh Kumar

Chaurasiya

Agripreneur

Niwari, Madhya Pradesh

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Umesh Kumar

Chaurasiya

#provider#go-getter
Support Umesh to purchase inputs and other materials for the new farming season.

Agripreneur

Madhya Pradesh

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Umesh Kumar

Umesh is a hardworking farmer who takes pride in his agricultural profession. With your support, Umesh will be able to invest in his farming business and experience the rewards of diligent work. With the assistance of this loan, Umesh will be able to purchase the necessary quality farm supplies such as seeds and fertilizers and grow healthy and strong crops. After the harvest, he can sell the produce at the local market to generate income for his family. Invest in Umesh to support his mission of positively impacting other people through positively impacting his own life as well.

About Umesh Kumar Chaurasiya's livelihood

Umesh Kumar is an agripreneur who works 6 hours a day for 7 days a week. With this loan Umesh Kumar will potentially obtain employment for 273 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Umesh Kumar Chaurasiya 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

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

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