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Arumugam

Karuppaiya

Agripreneur

Pudukkottai, Tamil Nadu

195 livelihood days

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Arumugam

Karuppaiya

#gogetter#ambitious
Arumugam needs to begin the sowing season.

Agripreneur

Tamil Nadu

195 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Arumugam

Arumugam is a trained farmer. His skills have developed over a span of seven years. He is from Pudukkottai, Tamil Nadu, and lives with a family of three. With the help of the loan amount, he wishes to buy seeds for the new season and necessary Agri inputs like fertilizers, pesticides, and irrigation facilities. With the credit, he aims to grow Groundnut for the upcoming season. He also wishes to meet the labour costs with this credit. The timely disbursement of the loan amount will help him meet the needs during various preprocessing stages such as land preparation, sowing and irrigation expenses. Invest in Arumugam as he hopes to reap a timely harvest.

About Arumugam Karuppaiya's livelihood

Arumugam is an agripreneur who works 5 hours a day for 6 days a week. With this loan Arumugam will potentially obtain employment for 195 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Arumugam Karuppaiya has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS