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Mallikarjun

Agripreneur

Yadgir, Karnataka

234 livelihood days

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Mallikarjun

#resilient#achiever
Help Mallikarjun provide a good education to his children by boosting cultivation.

Agripreneur

Karnataka

234 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Mallikarjun

Mallikarjun is a resident of Yadagir, Karnataka, where he has been practicing farming for over a decade now. He lives with a family of five and toils on his farm to make the ends meet. In order to fulfill his dream of becoming a successful farmer, Mallikarjun requires some credit to avail quality inputs and services for the upcoming season. Invest in Mallikarjun today!

About Mallikarjun 's livelihood

Mallikarjun is an agripreneur who works 6 hours a day for 6 days a week. With this loan Mallikarjun will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Mallikarjun 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