Khandu Chavan is a resident of Kalaburagi district of Karnataka. Having been farming for over fifteen years, Khandu aspires to become successful in his field. In order to support his family of five, he needs to borrow some credit so as to purchase quality seeds, fertilizers, and make arrangements for harvesting facilities. Invest in Khandu today and help him secure the future of his family.
Khandu is an agripreneur who works 8 hours a day for 6 days a week. With this loan Khandu will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Khandu Chavan has consented to pay the interest as below:
Investee
pays
5.00% flat p.a.
9.00% APR
Social
Investor
2.00%
3.60% APR
Platform
charges
3.00%
5.40% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 10,000
Loan
tenure
8 months
Moratorium
None
Repayment
mode
Flexible repayments
Investee
occupation
Farming
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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