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Harinathreddy R

#honest#passionate
Harinathreddy requires credit to purchase a herd of sheep.

Agripreneur

Chikkaballapur, Karnataka

20,000 has been disbursed

364 potential days of livelihood i

18,665 is the current outstanding balance


Harinathreddy is a resident of the Chikkaballapur district of Karnataka. He earns a living for his family of four with the help of the income that is brought in through their animal husbandry business. Like everyone else, Harinathreddy also wishes to build a home for his family and provide a happy and quality life to them. Invest in Harinathreddy today and support him to purchase a sheep and some feed.

I wish to build a house for my family.

About Harinathreddy R's livelihood

Harinathreddy is an agripreneur who works 8 hours a day for 7 days a week. With this loan Harinathreddy will potentially obtain employment for 364 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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 i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

A

Vrutti

Established in

2020

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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