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Basavaraj

Mode

Agripreneur

Kalaburagi, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2

Basavaraj

Mode

#resilient#hustler
Invest in Basavaraj for a good season and explore better farming opportunities.

Agripreneur

Karnataka

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Basavaraj

Basavaraj has been cultivating his land for over fifteen years now. But he is now finding it difficult to arrange credit for the new season and seeks help for the same. With the support from Rang De, Basavaraj would be able to invest in good quality inputs and start the season on time. This would give him a successful yield. Invest in Basavaraj today!

About Basavaraj Mode's livelihood

Basavaraj is an agripreneur who works 8 hours a day for 6 days a week. With this loan Basavaraj will potentially obtain employment for 312 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Basavaraj Mode has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Investee
occupation

Farming

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS