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Ramanjaneya

#breadwinner#passionate
Support Ramanjaneya to have a profitable season and secure his family’s future.

Agripreneur

Chikkaballapur, Karnataka

10,000 has been disbursed

273 potential days of livelihood i

10,000 is the current outstanding balance


Ramanjaneya is a resident of Chikkaballapur, Karnataka where he lives with his family and provides for them through farming. Due to the current pandemic it is hard to procure the resources on time. He needs a loan to buy quality seeds and fertilizers. Invest in Ramanjaneya today and help him have a good season.

I wish to buy more agricultural land.

About Ramanjaneya 's livelihood

Ramanjaneya is an agripreneur who works 6 hours a day for 7 days a week. With this loan Ramanjaneya 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

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Vrutti

Established in

2020

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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