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Javaraju

kariyaiah

logoRetailpreneur

logo Mysuru, Karnataka

logo 40,000 has been disbursed

logo 409 livelihood days i

b-img b-img b-img b-img

Javaraju

kariyaiah

#Retailpreneur# Passionate
Invest in a music-lover's general store and echo growth

logoRetailpreneur

logo Mysuru, Karnataka

logo 40,000 has been disbursed

logo 409 potential days of livelihood i

2,000 is
the current outstanding balance

95 5 0 38000 0 2000

95%

0%

5%


Deep in the Western Ghats lies the town of Jayapura. An ambitious father and music-lover, Javaraju Kariyaiah has been running a general store in this town for seven years now and is looking to expand his business. An organised mind, Javaraju has carefully planned exactly how he’ll use the loan. He’s ready to put in the hours to make his dreams a reality, already working seven days a week. With an infusion of some capital, he could achieve a lot Javaraju wants to earn enough to provide a great education for his child, Vishal, who is currently in high school.

I dream of giving my son Vishal a great education.

About Javaraju kariyaiah's livelihood

Javaraju is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Javaraju will potentially obtain employment for 409 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

40,000

Loan
tenure

20 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

 

B

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Vild Foundation

   
Karnataka
Partner since 2019

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

95.0%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0