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Basavarju

Madiah

logoAgripreneur

logo Mysuru, Karnataka

logo 40,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img b-img b-img

Basavarju

Madiah

#Agripreneur# Energetic
Fuel growth in magical Mysore with Basavarju's vision

logoAgripreneur

logo Mysuru, Karnataka

logo 40,000 has been disbursed

logo 364 potential days of livelihood i

2,000 is
the current outstanding balance

95 5 0 38000 0 2000

95%

0%

5%


Basavarju Madiah is committed to his dream! He wants to construct a house for his family. Having been in the business for almost a decade this agripreneur is ready to step things up. He wants to purchase goats, a decision he knows will help secure his future, and give him the income boost he needs to achieve his lifelong goal. By taking this significant step forward, the agripreneur in him will become more empowered encouraging him to work harder towards the growth of his business. Fund Basavarju’s vision and together fly the kites of his success.

I want to construct a small warm and cozy house for my family.

About Basavarju Madiah's livelihood

Basavarju is an agripreneur who works 8 hours a day for 7 days a week. With this loan Basavarju will potentially obtain employment for 364 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

40,000

Loan
tenure

20 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Vild Foundation

   
Karnataka
Partner since 2019

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

95.0%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0