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Sharanabasappa

#positive#believer
Invest in Sharanabasappa for a good season and explore better farming opportunities.

Agripreneur

Kalaburagi, Karnataka

10,000 has been disbursed

312 potential days of livelihood i

10,000 is the current outstanding balance


Sharanabasappa is a resident of Kalaburagi, Karnataka. He lives with his family of four and is the sole breadwinner. He brings with her an experience of twelve years. The current pandemic situation has made it hard for him to procure resources on time. He needs credit to buy seeds and fertilizers for the upcoming season. He can meet the harvesting expenses as well. The loan would allow him to have a good farming year and provide for his family better. Invest in Sharanabasappa today!

I wish to explore better farming opportunities and increase my income.

About Sharanabasappa 's livelihood

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

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% 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

Flexible repayments i

Investee
occupation

Farming

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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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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