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Ashokkumar

G

Agripreneur

Cuddalore, Tamil Nadu

1,00,000 has been disbursed

364 livelihood days

Borrower Image 1 Borrower Image 2

Ashokkumar

G

#positive#resilient
Help Ashokkumar begin the new season.

Agripreneur

Tamil Nadu

1,00,000 has been disbursed

364 potential days of livelihood

₹ 100,000 is
the current outstanding balance
0 0 0 100 0 0 0 100000

0%

0%

0%

100%

About Ashokkumar

Ashokkumar needs to begin sowing for the season. He is from Cuddalore, Tamil Nadu and lives with a family of five. The recent disruption due to the COVID-19 crisis has made it difficult for Ashokkumar to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, he will be able to invest in land preparation, sowing, harvesting and processing of his produce. This will help him to have a successful harvest and fulfilling the needs of his family.

About Ashokkumar G's livelihood

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

Interest Rate
The interest that a social investor will receive is dynamic, and equates to 10% of the profits, if any, made by the farmer. This interest may be paid during or at the end of the loan tenure, and the corresponding rate will be updated in this section. Rang De does not retain any share of the interest paid by the farmer.
Loan Details

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

Loan
amount

₹ 1,00,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

Flexible repayments

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

I Support Farming
   
Partner logo

Established in

2006

With Rang De from

2020

Founded by

Vasanth Kumar Mani & Vijayakumar Mani

I Support Farming brings both farmers and the urban people together so that they could partner and take up agriculture. In this engagement, all the capital needed for farming is provided by the urban people and the work is done by the rural farmer.I Support Farming acts as the facilitator and moderator of this engagement.

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3

₹ 3000

Proceed to Pay

3

Total: ₹3000

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