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Chandrashekar

Agripreneur

Yadagir, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Chandrashekar

#strength#ambitious
Help Chandrashekar have a profitable season by investing in him.

Agripreneur

Karnataka

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Chandrashekar

Chandrashekar needs to begin sowing for the new season. He is from Yadagir, Karnataka, and lives with a family of four. The recent disruption due to the COVID-19 crisis has made it difficult for Chandrashekar to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, he will be able to buy seeds, fertilizers, and pesticides, and hire help for his farm. This will enable him to begin the season on time. This will help him to have a successful harvest and fulfilling the needs of his family.

About Chandrashekar 's livelihood

Chandrashekar is an agripreneur who works 8 hours a day for 6 days a week. With this loan Chandrashekar 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. Chandrashekar 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:
Adequate

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