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Shaik

Mahaboob Basha

Agripreneur

Kurnool, Andhra Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shaik

Mahaboob Basha

#go-getter#achiever
Support Shaik to have a profitable season and secure his family’s future.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Shaik

Shaik Mahaboob Basha is an onion farmer from Kurnool, Andhra Pradesh. He has been working tirelessly everyday for the past four years on his land in order to earn the daily bread and butter for his family of three. Now, with the onset of a new season, Shaik wishes to purchase better agriculture inputs, enhance his farming techniques, increase his income and provide better life and education to his children. Invest in Shaik today for his better future!

About Shaik Mahaboob Basha's livelihood

Shaik is an agripreneur who works 8 hours a day for 6 days a week. With this loan Shaik will potentially obtain employment for 312 days.

Interest Rate

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

Loan Details

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

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS