Chidanand resides in Kalaburagi, Karnataka. Being the sole breadwinner of his family of four, Chidanand toils hard at his animal husbandry to make ends meet. With over fifteen years of experience in animal husbandry, he aspires to expand it and needs credit to purchase a cow. The loan amount will also be utilized to cover the transportation and other miscellaneous expenses. Invest in Chidanand today as he hopes for an increase in income!
Chidanand is an agripreneur who works 8 hours a day for 6 days a week. With this loan Chidanand 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. Chidanand 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 Chidanand's profile
Invite your family and friends to view Chidanand's profile on Rang De
