false
false 0 0 Qm8qlVzlPp

Danamdoddy

Yeshappa

logoService Entrepreneur

logo Rangareddy, Telangana

logo 27,500 has been disbursed

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img

Danamdoddy

Yeshappa

#courageous#believer
Support Yeshappa as he electrifies his auto-rickshaw.

logoService Entrepreneur

logo Rangareddy, Telangana

logo 27,500 has been disbursed

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,622.08 is
the current outstanding balance

100 0 0 6878 0 0

100%

0%

0%


Danamdoddy Yeshappa has picked up driving as a profession and has been doing it for the past fifteen years. Following the growing concerns about pollution and increasing fuel price, he wants to switch to an electric vehicle. He would buy an electric retrofit kit and change his rickshaw from a diesel rickshaw to an electric rickshaw. With this loan, he will be able to switch to an eco-friendly mode of transport, making the environment safer and cleaner. He will also be able to save on fuel costs and increase his income. Support him today!

I wish to give a good future to my children.

About Danamdoddy Yeshappa's livelihood

Danamdoddy is a service entrepreneur who works 8 hours a day for 7 days a week. With this loan Danamdoddy 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 The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

8.00%

14.40% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

27,500

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Transport services

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Racenergy
   

Established in

2018

With Rang De from

2022

Founded by

Arun Sreyas Reddy, Gautham Maheswaran

RACEnergy works with the auto rickshaw driver community to help improve their earnings and quality of life. It does this by helping them transition from diesel auto to electric auto by means of retrofitting their existing vehicles at low cost. RACEnergy primarily builds technology for furthering sustainable mobility in the country.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0