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Ramalakshmamma

#provider#resilient
Fund Ramalakshmamma's goat purchase and bring her dairy business to life.

Agripreneur

chikkaballapura, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

11,825 is the current outstanding balance

81.75 0 18.25 8175 1825 0

82%

18%

0%


Ramalakshmamma's ten years in the animal husbandry business has her chasing her dreams. The humble mother wants to purchase some goats and fodder for them with the help of credit so she can support her big family. Her dream is to start an independent dairy business where she can sell her milk produce, draw in more customers and then increase her monthly income. She hopes the additional income will ease the financial burden on her husband, who has been working tirelessly to make ends meet for the family. Lend a helping hand to Ramalakshmamma today.

I wish to build a big house for my family.

About Ramalakshmamma 's livelihood

Ramalakshmamma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Ramalakshmamma will potentially obtain employment for 273 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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 i

Investee
occupation

Animal husbandry

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

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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