Amaravathi lives in Chikkaballapura, Karnataka with her family of four. With over fifteen years of experience in animal husbandry, she wishes to expand her business. Now, she needs credit to buy a cow and fodder for her farm. She hopes that this addition to her farm would help her make an additional income in this pandemic situation. This loan would support her in expanding her business and providing better for her family. Invest in Amaravathi today!
Amaravathi is an agripreneur who works 6 hours a day for 7 days a week. With this loan Amaravathi will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Amaravathi 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
EMI
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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