Rajappa takes care of his wife and two daughters by dedicating himself to his farm. He has an experience of fifteen years and has always made the ends meet. Due to the current pandemic, his business became a little slow and he now want to pick up. He needs a loan to buy sheep for his farm and feed them properly. This would help him get back on track. Invest in Rajappa today!
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 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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