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Venkatareddy

N

Agripreneur

Chikkaballapura, Karnataka

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Venkatareddy

N

#breadwinner#hardworking
Invest in Venkatareddy today and help him own a big farm.

Agripreneur

Karnataka

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Venkatareddy

Venkatareddy is a resident of the Chikkaballapura district of Karnataka. As the sole breadwinner of a family of five, he needs some credit in order to purchase sheep and fodder required for the successful running of his animal husbandry business. With the help of some support, he hopes to continue earning better and lead a quality life life. Invest in Venkatareddy today!

About Venkatareddy N's livelihood

Venkatareddy is an agripreneur who works 6 hours a day for 7 days a week. With this loan Venkatareddy 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. Venkatareddy N 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:
Adequate

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