Adinarayanamma is a super mom who is also experienced in animal husbandry. She lives in Chikkaballapur, Karnataka with her family of five and contributes significantly to the family income. She wishes to add a herd of sheep in her farm and needs credit for the same. With this loan, she will purchase sheep and fodder for them. This would support her in providing well for her family. Invest in Adinarayanamma today!
Adinarayanamma is an agripreneur who works 10 hours a day for 7 days a week. With this loan Adinarayanamma 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. Adinarayanamma has consented to pay the interest as below:
Investee
pays
10.00% flat p.a.
18.00% APR
Social
Investor
4.00%
7.20% APR
Platform
charges
6.00%
10.80% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EQI
Investee
occupation
Animal husbandry
Established in
2002
With Rang De from
2020
Founded by
Raghunathan Narayanan
Vrutti is a centre for sustainable livelihoods enhancing people’s well-being through knowledge, innovation and transformative actions. They work through an ecosystem approach integrating and delivering services that empower small producers and marginalized grow their way out of poverty and uncertainty and to be 3 times more profitable.
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