Shantabai is a resident of Gulbarga, Karnataka. In order to earn the daily bread for a family of six, Shantabai hopes to acquire some credit in order to purchase quality agri inputs required for a successful farming season. With the help of some support, she hopes to continue farming and secure her family life. Invest in Shantabai today!
Shantabai is an agripreneur who works 6 hours a day for 7 days a week. With this loan Shantabai 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. Shantabai Rudrappa 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 10,000
Loan
tenure
8 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Farming
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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