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Sugappa

Kumbar

Agripreneur

Yadagir, Karnataka

227 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sugappa

Kumbar

#courageous#gogetter
Sugappa needs to begin the sowing season.

Agripreneur

Karnataka

227 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Sugappa

Sugappa has been working hard on his farm for over twenty years. Living with a family of three in Yadagir, Karnataka, farming has been the main source of revenue to run the household. With the onset of a new season, Sugappa needs a fresh supply of seeds, fertilizers, and pesticides. The loan amount will help him add value to his product and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure him a profitable season, Invest in Sugappa as he supports his family.

About Sugappa Kumbar's livelihood

Sugappa is an agripreneur who works 5 hours a day for 7 days a week. With this loan Sugappa will potentially obtain employment for 227 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sugappa Kumbar has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

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