Srinivasa has been into the animal husbandry business for the last eight years now and it has been the source of income for his family. He wants to expand his business by introducing sheep to his farm. He wants a loan to purchase sheep and feed them properly. He wishes to use the profits to invest in the house for his family. Support Srinivasa today!
Srinivasa is an agripreneur who works 6 hours a day for 7 days a week. With this loan Srinivasa 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. Srinivasa A 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.
Share Srinivasa's profile
Invite your family and friends to view Srinivasa's profile on Rang De
