Shankaramma belongs to the Chikkaballapur district of Karnataka. Her family has been into animal husbandry business for the past ten years. But now, Shankaramma wishes to expand the business as she wishes to provide good education to her children. With an investment from your side, she can purchase some sheep and some feed and work towards living a better life. Invest today!
Shankaramma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Shankaramma 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. Shankaramma 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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