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Sriramappa

Agripreneur

Chikkaballapura, Karnataka

273 livelihood days

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Sriramappa

#achiever#believer
Sriramappa needs credit to purchase a cow and fodder.

Agripreneur

Karnataka

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Sriramappa

Sriramappa has been doing animal husbandry for over ten years now. He is from Chikkaballapur, Karnataka, where he lives with his family of four. The family lives off the income that is brought in from the animal husbandry business. But sadly, most of the income that comes in goes into the yearly expenses, leaving them with no savings. Therefore, Sriramappa is determined to expand his business so that he can raise his income and work towards building a home for his family. He wishes to use the credit to purchase a cow and fodder to feed it. Invest in Sriramappa today and support his dream of living well.

About Sriramappa 's livelihood

Sriramappa is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sriramappa will potentially obtain employment for 273 days.

Interest Rate

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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

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