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Mahendra Lal

#gogetter#ambitious
Mahendra needs quality seeds and saplings to begin this season.

Agripreneur

Nainital, Uttarakhand

30,000 has been disbursed

455 potential days of livelihood i

21,250 is the current outstanding balance

77.78 0 22.22 8750 2500 0

78%

22%

0%


Mahendra Lal is an experienced farmer. He has toiled on his farm for ten years. Mahendra lives with a family of five and agriculture brings in the income to sustain. There are times when the going gets tough but Mahendra never backs down. Due to a disruption in the supply chain, Mahendra finds it difficult to get essential supplies for the coming season. He aims to cultivate different fruits during this season. With this loan, he will be able to buy quality seeds and fertilizers and it also will support his family through this crisis. Invest in Mahendra and help him tide through these trying times.

I wish to expand my business by starting organic farming.

About Mahendra Lal's livelihood

Mahendra is an agripreneur who works 10 hours a day for 7 days a week. With this loan Mahendra will potentially obtain employment for 455 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

30,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Agro products

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Udhyam housed under Agrani India Foundation

Established in

2017

With Rang De from

2020

Founded by

Pankaj Wadhwa

Udhyam Entrepreneurs' rural entrepreneurship program was conceived by the people working in Uttarakhand to encourage entrepreneurial development in rural communities of the Kumaon region of Uttarakhand. The idea behind the “Changemakers” program is to create entrepreneurs who create jobs and opportunities through mentoring and providing credit. As change agents, they facilitate this idea by being the drivers of change, further in their communities by creating a buzz about entrepreneurship and role models in the community.

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