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Devamma

#passionate#hustler
Support Devamma to have a profitable season and secure her family’s future.

Agripreneur

Yadgir , Karnataka

10,000 has been disbursed

195 potential days of livelihood i

10,000 is the current outstanding balance


Farming for over ten long years, Devamma has become very experienced and skilled farmer in Yadgir district of Karnataka. But due to the current situation, she can't start the new sowing season without some financial support from Rang De. She will utilize the credit to buy seeds, fertilizers, and pesticides and make other arrangements for starting the season on time. Invest in Devamma today!

I wish to build a big house for my family.

About Devamma 's livelihood

Devamma is an agripreneur who works 6 hours a day for 5 days a week. With this loan Devamma will potentially obtain employment for 195 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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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