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M N Manjunatha

#gogetter# dedicated
Fund Manjunatha as he purchases a herd of sheep.

Agripreneur

Chikkaballapura, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

11,825 is the current outstanding balance

81.75 0 18.25 8175 1825 0

82%

18%

0%


Manjunatha's fifteen years in the animal husbandry business has him chasing his dreams. The humble father wants to purchase a herd of sheep with the help of credit so that he can support his small family. He is planning to sell the sheep when it is matured for meat. This business will give an additional income for his family of four. He hopes the additional income will ease the financial burden on his wife, who has been working tirelessly to make ends meet for the family. Lend a helping hand to Manjunatha today.

I wish to provide good education to my children so that they can have a good job.

About M N Manjunatha 's livelihood

M N Manjunatha is an agripreneur who works 6 hours a day for 7 days a week. With this loan M N Manjunatha 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.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

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.

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