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Satendra

Kumar

Agripreneur

Hazaribagh, Jharkhand

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Satendra

Kumar

#dedicated# rolemodel
Satendra Kumar Mehta needs credit to run him dal mill.

Agripreneur

Jharkhand

312 potential days of livelihood

3,00,000 loan is fully repaid

3,00,000 loan is fully repaid


About Satendra

Satendra Kumar Mehta is an experienced farmer from Jharkhand. It was during last year, that he ventured into the business of running a dal mill. The mill has been a great success and has contributued to the expansion of his household income significantly. He is now looking to expand this business. With the help of the credit, Satendra Kumar wishes to procure more raw Tur Dal for his mill. This loan will help him take his business to a greater level this year. Invest in Satendra today.

About Satendra Kumar's livelihood

Satendra is an agripreneur who works 8 hours a day for 6 days a week. With this loan Satendra will potentially obtain employment for 312 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Satendra Kumar has consented to pay the interest as below:

Investee
pays

6% flat p.a.

10.8% APR

Social
Investor

4%

7.2% APR

Platform
charges

2%

3.6% APR

Loan Details

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

Loan
amount

3,00,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EHI

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

Customized Energy Solutions India Private Limited
   
Partner logo

Established in

2010

With Rang De from

2021

Founded by

Dr. Rahul Walawalkar, Stephen Fernandes, Ms. Netra Walawalkar

Customized Energy Solutions (CES) is committed to promoting economic development through the advancement of transparent, efficient, and sustainable deployment of income generating opportunities for underprivileged communities. We focus on empowering rural communities by sharing our understanding of the workings of the microgrids and related new technologies and supporting them to successfully run clean powered businesses. Through all things, we desire to honor God and rural/underprivileged communities through the quality of our services and solutions. We provide clean and reliable energy through microgrids for powering productive end use applications for underprivileged communities. We support local communities to build financially and environmentally sustainable businesses from the energy produced by the microgrids. We also help rural communities towards installation, capacity building and market linkages for the successful running of the small-scale businesses. CES aspire to work on the 3I formula for enabling economic development.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS