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Shivakumar E

#resilient#breadwinner
Invest in Shivakumar for a good season and explore better farming opportunities.

Agripreneur

Chikkaballapur, Karnataka

10,000 has been disbursed

273 potential days of livelihood i

10,000 is the current outstanding balance


Shivakumar is a young farmer from Chikkaballapur, Karnataka. He brings an experience of seven successful years in farming. But the current pandemic situation put him in great financial stress and unable to make arrangements for the new season due to the lack of credit. Some financial support from Rang De would enable him to purchase quality inputs like seeds and fertilizers, and make all other arrangements. This would promise him a good farming season and financial stability back to life. Invest in Shivakumar today!

I wish to build a big house for my family.

About Shivakumar E's livelihood

Shivakumar is an agripreneur who works 6 hours a day for 7 days a week. With this loan Shivakumar 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.

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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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