false
false 0 0 VllU7eLbtq

Arni

Krishna Rao

logoService Entrepreneur

logo Hyderabad, Telangana

logo 50,000 has been disbursed

logo 455 livelihood days i

b-img

Arni

Krishna Rao

#dedicated#believer
Krishna Rao plans to convert his auto-rickshaw to electric one.

logoService Entrepreneur

logo Hyderabad, Telangana

logo 50,000 has been disbursed

logo 455 potential days of livelihood i

50,000 is
the current outstanding balance


Arni Krishna Rao is a hard-working man who provides transport services by driving his auto-rickshaw. He is a resident of Hyderabad and this job has been his primary source of income for the past five years. He plans to convert his diesel auto rickshaw to an electric one by installing an electric retrofit kit. With this, he hopes to have a more convenient, safe, and pollution-free mode of transport for his passengers. It will also reduce operational costs. Invest in Krishna Rao as he electrifies his auto rickshaw and enhances his income.

I wish to build a big house for my family.

About Arni Krishna Rao 's livelihood

Arni is a service entrepreneur who works 10 hours a day for 7 days a week. With this loan Arni will potentially obtain employment for 455 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

8.00%

14.40% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Transport services

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

A

Financial Profile i

B

Racenergy
   

Established in

2018

With Rang De from

2022

Founded by

Arun Sreyas Reddy, Gautham Maheswaran

RACEnergy works with the auto rickshaw driver community to help improve their earnings and quality of life. It does this by helping them transition from diesel auto to electric auto by means of retrofitting their existing vehicles at low cost. RACEnergy primarily builds technology for furthering sustainable mobility in the country.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0