Anjinamma has been raising livestock for over five years now. She with her family in Chikkaballapur, Karnataka. The income brought in from animal husbandry helps her family to meet the basic expenses of life. Anjinamma wants to borrow some credit to purchase a sheep and fodder as she wants to expand her business for a better income. She would earn by selling the sheep in the market once it is matured for meat. Invest in Anjinamma and help her secure a future for her family.
Anjinamma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Anjinamma will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Anjinamma 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.
Share Anjinamma's profile
Invite your family and friends to view Anjinamma's profile on Rang De
