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Jagappa

Agripreneur

Gulbarga, Karnataka

312 livelihood days

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Jagappa

#Positive# Ambitious
Jagappa wants credit for purchasing seeds, compost and fertilizers for the upcoming sowing season.

Agripreneur

Karnataka

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Jagappa

Jagappa belongs to Gulbarga District in Karnataka. For the past fifteen years, he has been working tirelessly as a farmer to earn the bread for his family of six. Due to a disruption in the supply chain, Jagappa was unable to purchase inputs required for the sowing season. With the help of some credit, he hopes to purchase seeds, fertilizers and pesticides and create opportunities for livelihood. Invest in Jagappa today!

About Jagappa 's livelihood

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