With a family of four to look after, Basavaraj has been running his animal husbandry business for over six years. To overcome the financial crisis caused by the pandemic, he wishes to get a loan and he will use it to expand his business. He will use the credit to purchase a livestock and for the maintenance of his farm. This will encourage him work towards enhancing his income further and provide a better life to his family. Invest in Basavaraj today.
Basavaraj is an agripreneur who works 8 hours a day for 6 days a week. With this loan Basavaraj 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. Basavaraj has consented to pay the interest as below:
Investee
pays
10.00% flat p.a.
18.00% APR
Social
Investor
4.00%
7.20% APR
Platform
charges
6.00%
10.80% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 30,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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 Basavaraj 's profile
Invite your family and friends to view Basavaraj 's profile on Rang De
