Sudhakara hails from Chikkaballapur district of Karnataka. He has been farming his three acres of land for over ten years to look after his family of four. He has just stepped into animal husbandry to earn an additional income to provide for his family well. With the help of some credit, he hopes to purchase some sheep and their fodder in order to expand his animal husbandry business. Invest in Sudhakara today for his secure future!
D A is an agripreneur who works 8 hours a day for 7 days a week. With this loan D A 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. D A Sudhakara 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
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.
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