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Basamma G

#Provider#Growth
Basamma wants to invest in labour, seeds and pesticides for the upcoming cultivation season.

Agripreneur

Yadagir, Karnataka

10,000 has been disbursed

312 potential days of livelihood i

10,000 is the current outstanding balance


Basamma is a poor farmer from Yadagir district of Karnataka. She has been working tirelessly everyday for the past four years as a farmer in order to earn the daily bread and butter for her family of five. She wishes to purchase better agricultural inputs, enhance her farming techniques, increase her income and provide better life and education to her children. Invest in Basamma today for her better future!

I wish to get a borewell dug for my house.

About Basamma G's livelihood

Basamma is an agripreneur who works 8 hours a day for 6 days a week. With this loan Basamma 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Vrutti

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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