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Prema R

#courageous#ambitious
Help Prema provide a good education for her children by boosting cultivation.

Agripreneur

Pudukkottai, Tamil Nadu

10,000 has been disbursed

364 potential days of livelihood i

10,000 is the current outstanding balance


Prema is a resident of Pudukkottai, Tamil Nadu where she lives with her family of four and provides for them through farming. Due to the current pandemic it is hard for her to procure the resources on time for the new season. She will utilize the loan to buy seeds and compost, and pay for the labour to cultivate ground nut. Invest in Prema and help her enjoy a secure life with her family.

I wish to give a good education to my children.

About Prema R's livelihood

Prema is an agripreneur who works 8 hours a day for 7 days a week. With this loan Prema will potentially obtain employment for 364 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

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 i

Investee
occupation

Farming

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

B

Financial
Profile i

A

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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