Radhamma lives with her family of four in the Chikkaballapur district of Karnataka. Her family lives off the income that is brought in by their occupation of animal husbandry. Unfortunately, the current annual income does not suffice for her future plans as all of it is spent in meeting the basic expenses. Therefore, Radhamma is determined to expand her business by purchasing some sheep and feed and work towards achieving a stable and secure future. Invest today!
Radhamma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Radhamma 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. Radhamma 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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