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Somashekara G R

#breadwinner#positive
Help Somashekara expand his animal husbandry business and lead a quality life.

Agripreneur

Chikkaballapura, Karnataka

30,000 has been disbursed

273 potential days of livelihood i

25,016.44 is the current outstanding balance

99.67 0 0.33 4984 16 0

100%

0%

0%


Somashekara is a hardworking man who runs his small animal husbandry farm at Chikkaballapura, Karnataka. With almost twelve years in the business, Somashekara wants to expand it and work towards enhancing his income. To do so, he needs to borrow some credit to purchase a cow and invest in the fodder and disease management of his cows. Invest in Somashekara today and help him secure the future of his family.

I wish to start a big dairy unit.

About Somashekara G R's livelihood

Somashekara is an agripreneur who works 6 hours a day for 7 days a week. With this loan Somashekara will potentially obtain employment for 273 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

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI 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

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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