The pandemic hit all of us hard and Yuvaraju was no exception. Yuvaraju and his wife are working tirelessly to make ends meet but it has been challenging. Even in these difficult times they have not lost hope. They look forward to the next step and need support to make their journey a little less challenging. With the credit Yuvaraju will be able to buy sheep and feed them properly. Help them make this purchase so that they can meet the needs of the family on time.
Yuvaraju is an agripreneur who works 6 hours a day for 7 days a week. With this loan Yuvaraju will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Yuvaraju - 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EQI
Investee
occupation
Animal husbandry
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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