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Shankara

Reddy

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shankara

Reddy

#hustler#dedicated
Shankara needs credit to purchase some desi birds and fodder.

Agripreneur

Karnataka

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Shankara

Shankara is a resident of the Chikkaballapura district of Karnataka. He is a hardworking man who provides a living for his family of five members. He’s been into animal husbandry for the past five years and at present, he wishes to expand his business. In order to explore better business opportunities, he requires a credit. With the loan amount, he wishes to buy some desi birds and fodder for them. This business would allow him to work towards securing a stable future for his family. Invest in Shankara today!

About Shankara Reddy's livelihood

Shankara is an agripreneur who works 8 hours a day for 7 days a week. With this loan Shankara will potentially obtain employment for 364 days.

Interest Rate

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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI

Investee
occupation

Animal husbandry

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