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Murugesan

Agripreneur

puduukkotai, Tamil Nadu

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Murugesan

#strong# resilient
Murugesan wants credit for purchasing seeds, compost and fertilizers for timely cultivation.

Agripreneur

Tamil Nadu

318 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Murugesan

Murugesan belongs to Puduukkotai District in Tamil Nadu. For the past twenty-five years, he has been working tirelessly as a farmer to earn the bread for his family of two. Due to a disruption in the supply chain, Murugesan was unable to purchase seeds, compost and fertilizers required for the sowing season. With the help of some credit, Murugesan hopes to continue farming and secure the future of his family. Invest in Murugesan today!

About Murugesan 's livelihood

Murugesan is an agripreneur who works 7 hours a day for 7 days a week. With this loan Murugesan will potentially obtain employment for 318 days.

Interest Rate

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