Jagadevappa is a hardworking man who runs his small animal husbandry business at Kalaburagi, Karnataka. With almost seven years in the business, Jagadevappa wants to expand it and work towards enhancing his income. To do so, he needs to borrow a small interest loan from Rang De and invest in his farm. Support Jagadevappa today and help him secure the future of his family.
Jagadevappa is an agripreneur who works 6 hours a day for 5 days a week. With this loan Jagadevappa will potentially obtain employment for 195 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Jagadevappa Sharnappa 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.
Share Jagadevappa's profile
Invite your family and friends to view Jagadevappa's profile on Rang De
