Chandrashekara lives with his family of four and runs the day to day finances of the house through his animal husbandry business. Being a father, he wants to secure a future for his two little daughters. In this time of crisis he is lacking the sufficient amount of funds to purchase a herd of sheep and feed them. He hopes to help his wife with the additional income to make ends meet for the family. Invest on Chandrashekara and help him support his family.
Chandrashekara is an agripreneur who works 6 hours a day for 7 days a week. With this loan Chandrashekara will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Chandrashekara 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
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EQI
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.
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