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Elango K

#breadwinner#positive
Elango needs essential labour, seeds, and equipment.

Agripreneur

Pudukkottai, Tamil Nadu

10,000 has been disbursed

273 potential days of livelihood i

10,000 is the current outstanding balance


Elango is a trained farmer. His skills have developed over a span of ten years. He is from Pudukkottai and lives with a family of two. With the help of the loan amount, he wishes to buy groundnut seeds for the new season. He also wishes to invest in Agri inputs like fertilizers, pesticides and meet the labour costs. He aims to grow Groundnut this time. The timely disbursement of the loan amount will help him meet the needs during various preprocessing stages such as land preparation, sowing, irrigation, and meet post-harvesting expenditures. Invest in Elango as he hopes to reap a timely harvest.

I wish to expand my agriculture activity.

About Elango K's livelihood

Elango is an agripreneur who works 6 hours a day for 7 days a week. With this loan Elango will potentially obtain employment for 273 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Vrutti

Established in

2020

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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