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Vinod

Kumar

Agripreneur

Kinnaur, Himachal Pradesh

Loan Written Off

234 livelihood days

Borrower Image 1

Vinod

Kumar

#positive#believer
Invest in Vinod as he needs post harvest and storage credits.

Agripreneur

Himachal Pradesh

Loan Written Off

234 potential days of livelihood


About Vinod

Vinod Kumar is a young farmer from the Kinnaur district in Himachal Pradesh. He has been cultivating apples for the last five years. He farms on his own land and this is the major income source for his family. He has successfully harvested his produce this time and he needs some credit to make the post-harvest arrangements. This will enable him to store the produce without spoilage. Support Vinod and his farm!

About Vinod Kumar's livelihood

Vinod is an agripreneur who works 6 hours a day for 6 days a week. With this loan Vinod 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. Vinod Kumar has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

3,70,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Farming

Investee Credit Rating:
Adequate

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

Fruitfal Technologies India Pvt Ltd
   
Partner logo

Established in

2018

With Rang De from

2022

Founded by

Subir, Viresh, Abhishek

Small Indian farmers face huge challenges today - they cultivate amazing harvests but have trouble finding good markets and being paid fairly. The current system of buying and selling denies them access to trade they can trust with long delays in getting paid and leaves them straddled with tremendous debt and post-harvest losses. Fruitfal helps to fix these problems and create a better environment for small farmers.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS