false
false 0 0

Venkatesh

#courageous#go-getter
Support Venkatesh to have a profitable season and secure his family’s future.

Agripreneur

Yadagir, Karnataka

10,000 has been disbursed

312 potential days of livelihood i

10,000 is the current outstanding balance


Venkatesh needs to begin sowing for the upcoming season. He is from Yadagir, Karnataka, and lives with a family of three. The disruption due to the COVID-19 crisis has made it difficult for Venkatesh to procure essential supplies. He is falling short of options and time is ticking. With the help of this loan, he will be able to buy all the essentials required such as seeds, fertilizers, and pesticides and begin the season on time. He will also hire help for his farm with the loan amount. This will help him to have a successful harvest and fulfilling the needs of his family.

I wish to build a big house for my family.

About Venkatesh 's livelihood

Venkatesh is an agripreneur who works 8 hours a day for 6 days a week. With this loan Venkatesh will potentially obtain employment for 312 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

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

Loan
amount

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Vrutti

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.

0 more to go -31 days remaining

added to cart