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Sumiya Banu

#achiever#growth
Sumiya needs to purchase a cow and expand her business.

Agripreneur

Chikkaballapur, Karnataka

30,000 has been disbursed

364 potential days of livelihood i

25,000 is the current outstanding balance

66.67 0 33.33 5000 2500 0

67%

33%

0%


Sumiya is from Chikkaballapur, Karnataka where she lives with her family of four. Being the breadwinner of the family, Sumiya cannot shy away from her responsibilities and continues to work hard to achieve her goals. With the help of some credit, she hopes to purchase a cow and some fodder for her farm. She believes that this would allow her to enhance her income and further improve her quality of life. Invest in Sumiya today!

I wish to build a big house for my family.

About Sumiya Banu's livelihood

Sumiya is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sumiya will potentially obtain employment for 364 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

Vrutti

Established in

2020

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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