false
false 0 0 iRxJR5FjHL

Vinod

Kumar

logoAgripreneur

logo Bahraich, Uttar Pradesh

logo 40,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Vinod

Kumar

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Support Vinod to cultivate his land in the new season.

logoAgripreneur

logo Bahraich, Uttar Pradesh

logo 40,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

26,666.64 is
the current outstanding balance

100 0 0 13333 0 0

100%

0%

0%


Vinod Kumar comes from a farming family in Bahraich, in the state of Uttar Pradesh. He has been farming for the past four years. He is pursuing agriculture as a career, and farming is, by far, his biggest source of income. Now, he wishes to cultivate his land in the new season and needs assistance to purchase seeds, manure, poly houses, agriculture tools, and irrigation equipment. Invest in Vinod as he cultivates his farmland to ensure a successful crop.

I wish to purchase more agricultural land.

About Vinod Kumar's livelihood

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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

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