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A G Babu

#hustler#resilient
Babu needs credit to buy a sheep and expand his business.

Agripreneur

Chikkaballapur, Karnataka

20,000 has been disbursed

364 potential days of livelihood i

16,830 is the current outstanding balance

63.4 0 36.6 3170 1830 0

63%

37%

0%


Babu resides in Chikkaballapur, Karnataka with his family of four. He provides for his family through his animal husbandry business of five years. He needs credit to buy a sheep and fodder for his farm. He would make a living by selling the sheep in the market for meat. This loan would support him providing better for his family. Invest in Babu today!

I wish to buy a motorcycle for myself.

About A G Babu's livelihood

A G is an agripreneur who works 8 hours a day for 7 days a week. With this loan A G 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.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Animal husbandry

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

Vrutti

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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