Dhanarajan is a farmer from Pudukkottai, Tamil Nadu. He has been farming for over fifteen years to support his family of four. As the new season is around the corner, he wishes to purchase high grade seeds and fertilizers with the help of some credit to cultivate ground nut. He will also use the credit to hire enough labour to his farm. Invest in Dhanarajan today for his better future!
Dhanarajan is an agripreneur who works 8 hours a day for 7 days a week. With this loan Dhanarajan 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. Dhanarajan R has consented to pay the interest as below:
Investee
pays
5.00% flat p.a.
9.00% APR
Social
Investor
2.00%
3.60% APR
Platform
charges
3.00%
5.40% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 10,000
Loan
tenure
8 months
Moratorium
None
Repayment
mode
Flexible repayments
Investee
occupation
Farming
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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