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Gangulamma

Agripreneur

Chikkaballapur, Karnataka

351 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Gangulamma

#hardworking# passionate
Gangulamma wishes to purchase sheep for her farm.

Agripreneur

Karnataka

351 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Gangulamma

Gangulamma lives in Chikkaballapur, Karnataka with her family and contributes significantly to her family's income. She has been into animal husbandry for over five years and is successful in what she does. She needs credit as wishes to expand her business. She needs loan to buy sheep for her farm and make arrangements for feeding it. This loan would go a long way in helping her achieve the same. Invest in Gangulamma today!

About Gangulamma 's livelihood

Gangulamma is an agripreneur who works 9 hours a day for 6 days a week. With this loan Gangulamma will potentially obtain employment for 351 days.

Interest Rate

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

EQI

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