false 0 0

Basanna

#breadwinner#positive
Help Basanna have a profitable season by investing in him.

Agripreneur

Gulbarga, Karnataka

10,000 has been disbursed

260 potential days of livelihood i

10,000 is the current outstanding balance


Basanna is an experienced farmer from Gulbarga, Karnataka. He has been cultivating his land for over fifteen yeras. As the new season is around the corner, with the help of some credit, Basanna wishes to purchase high grade seeds, fertilizers, and pesticides, increase his harvest and provide better life to his family. Help Basanna today!

I wish to explore better farming methods.

About Basanna 's livelihood

Basanna is an agripreneur who works 8 hours a day for 5 days a week. With this loan Basanna will potentially obtain employment for 260 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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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.

0 more to go -33 days remaining

added to cart