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Ashok

#breadwinner#positive
Invest in Ashok for a good season and explore better farming opportunities.

Agripreneur

gulbarga , Karnataka

10,000 has been disbursed

312 potential days of livelihood i

10,000 is the current outstanding balance


Ashok belongs to a small village in Gulbarga, Karnataka. He is a hardworking man and has been farming for the past sixteen years in order to support and earn daily bread for his family of six. Onset of a new season, Ashok needs a loan to purchase seeds, fertilizers, and pesticides to cultivate his land. He hopes for a good season so that he would be able to secure his family during the pandemic. Help Ashok today!

I wish to become a sustainable farmer.

About Ashok 's livelihood

Ashok is an agripreneur who works 8 hours a day for 6 days a week. With this loan Ashok will potentially obtain employment for 312 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% 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 i

Investee
occupation

Farming

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

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Vrutti

Established in

2020

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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