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Vijay Vitthal

Raut

Agripreneur

Yavatmal, Maharashtra

234 livelihood days

Borrower Image 1 Borrower Image 2

Vijay Vitthal

Raut

#passionate#hustler
Support Vijay to avail a storage unit and make arrangements for the new season.

Agripreneur

Maharashtra

234 potential days of livelihood

53,000 loan is fully repaid

53,000 loan is fully repaid


About Vijay Vitthal

Vijay Vitthal Raut is a small farmer who lives in Yavatmal. He has been farming for more than fifteen years and has a lot of perseverance to endure the ups and downs of agriculture. He has had a good harvest last season but he needs some support to store the produce to avoid spoilage. This will enable him to sell the produce at a better price in the market. This loan will help him to access a good storage unit and to buy necessary agriculture equipment for his new farming season. Support Vijay now!

About Vijay Vitthal Raut's livelihood

Vijay Vitthal is an agripreneur who works 6 hours a day for 6 days a week. With this loan Vijay Vitthal will potentially obtain employment for 234 days.

Interest Rate

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

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Loan
amount

53,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

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

Gramheet Private Limited
   view website
Partner logo

Established in

2020

With Rang De from

2020

Founded by

Pankaj Prakash Mahalle, Shweta Suresh Thakare

Gramheet is a social enterprise committed towards a 'farmers' first approach. Gramheet provides farmers with a bundle of services ranging from pre to post-harvest through collaboration with FPOs using a digital platform. The services offered include warehouse facilities, post-harvest credit, market linkages, access to farm inputs, input credit and value-added services at their village trade centres. It acts as a one-stop service centre for farmers where they can avail all the services at farm-gate. Gramheet aims to increase the farmer’ income while reducing their debt burden from informal sources. Currently, Gramheet is operating in the Yavatmal district of Maharashtra (Central India) which is is considered to be the most distressed agricultural region has recorded the highest number of 'farmers' suicide in the country.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS