Farming for over twenty long years, Anbuselvam needs to cultivate paddy on his land in the new season despite the current situation. But the pandemic made it difficult for him to arrange the required credit for the new season. He needs a loan to invest in quality inputs and labour for his farm. Anbuselvam hopes for a good season and to provide for his family better. Invest in Anbuselvam now!
Anbuselvan is an agripreneur who works 8 hours a day for 7 days a week. With this loan Anbuselvan will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Anbuselvan M has consented to pay the interest as below:
Investee
pays
5.00% flat p.a.
9.00% APR
Social
Investor
2.00%
3.60% APR
Platform
charges
3.00%
5.40% 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
Investee
occupation
Farming
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.
Share Anbuselvan's profile
Invite your family and friends to view Anbuselvan's profile on Rang De
