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Mallanna

Agripreneur

Yadagir, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mallanna

#growth#provider
Help Mallanna have a quality life through the cultivation of his land.

Agripreneur

Karnataka

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Mallanna

Mallanna belongs to Yadagir, Karnataka. Farming provides the income for his family of four to sustain. Currently, he requires some support to purchase essential inputs and services for the upcoming sowing season. This loan will help him get through this worse time and provide for his family. Invest in Mallanna now!

About Mallanna 's livelihood

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

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