₹ 4,865.15 is
the current outstanding balance
100%
0%
0%
0%
Guruvari Munda owns a small piece of land near the village of Khunti in Jharkhand. She has been farming for the past 12 years to support her family of three. But due to poor irrigation facilities, her crops have caused a negative impact on her income. Guruvari has now decided to get irrigation pumps for better quality irrigation of her land and is looking to avail a loan. Capitalise on Guruvari's farming efforts by funding her purchase of quality irrigation pumps.
Guruvari is an agripreneur who works 8 hours a day for 6 days a week. With this loan Guruvari will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Guruvari Munda has consented to pay the interest as below:
Investee
pays
5.00% flat p.a.
9.00% APR
Social
Investor
3.00%
5.40% APR
Platform
charges
2.00%
3.60% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
24 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Farming
Established in
2018
With Rang De from
2022
Founded by
TODO
TODO
Share Guruvari 's profile
Invite your family and friends to view Guruvari 's profile on Rang De
