Rajappa has been farming his land for over eight years now. His experiences have taught him many lessons. He is strong and hopeful at the sight of peril. Currently, he is struggling to meet his credit needs. He has to make arrangements for seeds and fertilizers to begin the new sowing season. The sowing of seeds at the right time is essential. This loan will help him subsist and meet the expenses of all his requirements. Invest in his will to thrive.
Rajappa is an agripreneur who works 8 hours a day for 7 days a week. With this loan Rajappa 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. Rajappa C 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
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
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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