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Gangadar

Agripreneur

Kalaburagi, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gangadar

#Animal husbandry
Gangadar wishes to purchase a cow for his dairy unit.

Agripreneur

Karnataka

312 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Gangadar

Gangadar has been running an animal husbandry unit in Kalburgi, Karnataka. For the last fifteen years this has been his source of income for his family of six. Gangadar now wishes to expand his dairy unit by purchasing a cow with the help of the credit. Support Gangadar as he works to provide his family with a better life.

About Gangadar 's livelihood

Gangadar is an agripreneur who works 8 hours a day for 6 days a week. With this loan Gangadar will potentially obtain employment for 312 days.

Interest Rate

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

Loan Details

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

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS