Mangamma is known for her empathy towards her family and dedication towards her work. She has an experience of five years in the animal husbandry business and been supporting her family with the additional income since. At this moment, she is actively looking funds to help her purchase sheep and feed them. This loan would help her to continue to support her family through these tough times. Give wings to Mangamma dreams of making her and her family's future bright and stable.
Mangamma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Mangamma will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Mangamma S 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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