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Basavaraj R

#Agriculture# Farming
Basavaraj aspires to become a sustainable farmer.

Agripreneur

Gulbarga, Karnataka

10,000 has been disbursed

318 potential days of livelihood i

10,000 is the current outstanding balance


Basavaraj is a resident of Gulbarga district of Karnataka. For over nine years, he has been toiling in the fields to earn a living for his family. He wants to borrow some credit to purchase essential agri inputs for the upcoming sowing season. Invest in Basavaraj today and help him work towards becoming a sustainable farmer.

I want to become sustainable farmer and grow my agri business.

About Basavaraj R's livelihood

Basavaraj is an agripreneur who works 7 hours a day for 7 days a week. With this loan Basavaraj will potentially obtain employment for 318 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

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

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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