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Ambarisha

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

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Ambarisha

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Invest in Ambarisha's farm and enable him earn better.

Agripreneur

Karnataka

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Ambarisha

Ambarisha resides in Chikkaballapur district of Karnataka. Being the sole breadwinner of his family of three, Ambarisha toils hard at his animal husbandry to make ends meet. With over seven years of experience in animal husbandry, he aspires to expand it now and needs some credit for the same. He will use the credit to purchase a few sheep and fodder for them and meet the expenses of building a shed. The loan amount will also be utilized to cover the transportation and other miscellaneous expenses. Invest in Ambarisha today.

About Ambarisha 's livelihood

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

Interest Rate

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

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