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Vinod

Kumar

Agripreneur

Bahraich, Uttar Pradesh

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4

Vinod

Kumar

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

Agripreneur

Uttar Pradesh

364 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Vinod

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.

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.

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

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

50,000

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