Gangulappa resides in Chikkaballapura, Karnataka with his family of four where he runs his animal husbandry business of twelve years. He is hardworking and goes beyond himself to fulfil his family needs. He wishes to expand his business to provide better for his family. He will utilize the loan to buy cow and for feeding purposes. The loan would help him in growing his business and improving the living standard of his family. Invest in Gangulappa today!
Gangulappa is an agripreneur who works 6 hours a day for 7 days a week. With this loan Gangulappa 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. Gangulappa 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
₹ 30,000
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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