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Alavelamma

logoAgripreneur

logo Chikkaballapura, Karnataka

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Alavelamma

#ambitious# hardworking
Alavelamma needs credit to purchase a cow and some feed.

logoAgripreneur

logo Chikkaballapura, Karnataka

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

30,000 loan is fully repaid

30,000 loan is fully repaid


Alavelamma is a resident of the Chikkaballapura district of Karnataka. She has been into animal husbandry for the past ten years. Since the current business does not provide a sufficient income for her family, Alavelamma is determined to expand her business and purchase a cow and some fodder to feed it. Through the expansion, she will be able to provide a quality life to her family and also build a home for them someday. Invest in Alavelamma today!

I wish to build a house for my family.

About Alavelamma 's livelihood

Alavelamma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Alavelamma 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.

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% 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 Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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.

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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0