Chitrabai is an experienced farmer who has been cultivating her land for over twenty years now. With the onset of the new season, she wishes to continue farming despite the current situation. But due to a disruption in the supply chain, Chitrabai is unable to purchase seeds and fertilizers required for the season. With the help of some credit, she hopes to continue farming and secure the future of her family. Invest in Chitrabai today!
Chitrabai is an agripreneur who works 8 hours a day for 6 days a week. With this loan Chitrabai will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Chitrabai 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
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
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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