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Chitra

Kondappa

Agripreneur

Anantapur, Andhra Pradesh

312 livelihood days

Borrower Image 1

Chitra

Kondappa

#ambitious#positive
Invest in Chitra Kondappa to meet the post harvesting expenses.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

41,000 loan is fully repaid

41,000 loan is fully repaid


About Chitra

Anantapur is located in the southern region of Andhra Pradesh where primarily land is used for growing crops such as cotton, rice, and maize. Chitra Kondappa has been a part of this legacy for ten years now working on their own two acres of land. Together with his wife, Kondappa sows seeds, tends to the crop, and then harvests the crop with his family to sell in the market. Now, with his crops ready to harvest, he is struggling to arrange enough funds to meet his credit needs. With assistance from Rang De, he will be able to harvest his crops on time and meet the expense of labor, transportation, and processing. He will be able to sell his produce in the market for a better price. Support Kondappa now!

About Chitra Kondappa's livelihood

Chitra is an agripreneur who works 8 hours a day for 6 days a week. With this loan Chitra will potentially obtain employment for 312 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Chitra Kondappa has consented to pay the interest as below:

Investee
pays

6.00% flat p.a.

10.80% APR

Social
Investor

6.00%

10.80% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

41,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Swachha Kaadyam LLP
   
Partner logo

Established in

2020

With Rang De from

2022

Founded by

Sathishkumar CAV, V VijayaBhaskar, AB Obulesu, V Balaji

Swachha Kaadyam LLP works with small and marginal Organic farmers of Anantapur district in Andhra Pradesh. Swachha Kaadyam aims to create a "Happy Value" chain where all the players of the value chain are happy. Farmers will be provided fair prices for their crops. All the produce is procured from the farm gate with zero transaction cost for farmers and the amount will be credited to farmers' accounts within a max of 48 hours. Farm gate procurement, fair weighings and measurements and price transparency help farmers improving their incomes. All such procured produce will be processed under hygienic conditions and sold in the market at fair prices to the consumers. Consumers are assured of unadulterated food at a very reasonable price.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS