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Akbar Shah

#breadwinner#hardworking
Help Akbar have a profitable yield as he wishes to build a house.

Agripreneur

Gulbarga, Karnataka

10,000 has been disbursed

318 potential days of livelihood i

10,000 is the current outstanding balance


Akbar is a farmer from Gulbarga, Karnataka. Over the past four years, he has worked extremely hard to support his family members. He wishes to continue farming in the upcoming season and secure his family during this pandemic situation. He needs credit to buy agri inputs. Invest in Akbar today as he hopes for a profitable season.

I wish to expand my agricultural activities.

About Akbar Shah's livelihood

Akbar is an agripreneur who works 7 hours a day for 7 days a week. With this loan Akbar will potentially obtain employment for 318 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Vrutti

Established in

2020

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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