Gangadevi has been running her animal husbandry business for over three years to look after her family of four. She plans for an expansion of her business now. With some fiancial support from Rang De, Gangadevi would be able to purchase some birds and fodder for her farm. She hopes for an increase in income through this. Invest in Gangadevi today for her secure future!
Gangadevi is an agripreneur who works 10 hours a day for 7 days a week. With this loan Gangadevi will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Gangadevi 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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