Gangarathnamma has been working on her farm for fifteen years while also running a small cattle rearing unit on the side. To support a family of four, she is now looking to expand her animal husbandry business. She wishes to purchase some sheep with the credit. She is hopeful that during the festival season she will be able sell the sheep and increase her income. Support Gangarathnamma as she works hard for her family.
Gangarathnamma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Gangarathnamma will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gangarathnamma has consented to pay the interest as below:
Investee
pays
10.00% flat p.a.
18.00% APR
Social
Investor
4.00%
7.20% APR
Platform
charges
6.00%
10.80% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EQI
Investee
occupation
Animal husbandry
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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