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Hanamanth K

#gogetter# dreamer
Hanamanth requires credit for purchasing seeds and fertilizers for the upcoming sowing season.

Agripreneur

Yadagiri, Karnataka

10,000 has been disbursed

234 potential days of livelihood i

10,000 is the current outstanding balance


Hanamanth is a marginal farmer who belongs to Yadagir District of Karnataka. Being the sole breadwinner, Hanamanth works extremely hard in order to meet the everyday expenses of his family of six. He hopes to get some credit to purchase seeds and fertilizers for timely cultivation, improve his harvest and enjoy secure life with his family. So, Invest in Hanamanth today!

I wish to become a successful farmer.

About Hanamanth K's livelihood

Hanamanth is an agripreneur who works 6 hours a day for 6 days a week. With this loan Hanamanth will potentially obtain employment for 234 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Vrutti

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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