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Jaganath

Agripreneur

Kalburgi, Karnataka

312 livelihood days

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Jaganath

#provider#go-getter
Support Jaganath expand his animal husbandry business and support his family better.

Agripreneur

Karnataka

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Jaganath

Jaganath is a hardworking man who runs his small animal husbandry at Kalaburagi, Karnataka. With almost fifteen years in the business, Jaganath wants to expand it and work towards enhancing his income. To do so, he needs to borrow some credit to invest in the well being of his animals and the maintenance of his farm. He will also use the credit to pay off the labour. Invest in Jaganath today.

About Jaganath 's livelihood

Jaganath is an agripreneur who works 8 hours a day for 6 days a week. With this loan Jaganath will potentially obtain employment for 312 days.

Interest Rate

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

Loan Details

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

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS