false
false 0 0

Jagappa

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

Agripreneur

Gulbarga, Karnataka

10,000 has been disbursed

312 potential days of livelihood i

10,000 is the current outstanding balance


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!

He wishes to practice sustainable, organic farming.

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.

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

 

A

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.

0 more to go -51 days remaining

added to cart