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Ravanappa V

#growth#provider
Ravanappa needs credit to buy a cow and fodder for his farm.

Agripreneur

Chikkaballapura, Karnataka

30,000 has been disbursed

273 potential days of livelihood i

25,000 is the current outstanding balance

66.67 0 33.33 5000 2500 0

67%

33%

0%


Ravanappa lives in Chikkaballapura, Karnataka with his family of four. He is a farmer with an experience of twelve years and wishes to step into animal husbandry to gain an additional income. For that he would need some credit since theCOVID-19 situation made him financially struggle. He will utilize the loan to buy a cow and fodder. The loan would support him in taking better care of his family. Invest in Ravanappa today!

I wish to build a big house for my family.

About Ravanappa V's livelihood

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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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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