false
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Vinod

Kumar

logoAgripreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img b-img

Vinod

Kumar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Assist Vinod to cultivate his land with more varieties of crops.

logoAgripreneur

logo Bahraich, Uttar Pradesh

logo 50,000 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

33,331.44 is
the current outstanding balance

100 0 0 16669 0 0

100%

0%

0%


Vinod Kumar is a hard-working farmer who lives in Bahraich. He wishes to invest in his farming business and cultivate his land with more varieties of crops. With the onset of a new season, he needs a loan to buy wheat, berseem, jowar, onion, and brinjal seeds and essential tools. He hopes for a better yield and more profit. Invest in Vinod Kumar while he buys seeds that would improve the productivity of his farming business and make his crops more resilient to the vagaries of the weather.

I wish to buy a big house and secure my family's future.

About Vinod Kumar's livelihood

Vinod is an agripreneur who works 8 hours a day for 7 days a week. With this loan Vinod will potentially obtain employment for 364 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

50,000

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