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Krishnappa

#provider#resilient
Fund Krishnappa's sheep purchase so he can bring his business to life.

Agripreneur

Chikkaballapur, Karnataka

20,000 has been disbursed

546 potential days of livelihood i

15,000 is the current outstanding balance

100 0 0 5000 0 0

100%

0%

0%


Krishnappa’s ten years in the animal husbandry business has him chasing his dreams. The humble father wants to make sheep purchase with the help of credit so he can support his small family. His dream is to start an independent meat business where he can sell his produce, draw in more customers and then increase his monthly income. He hopes the additional income will ease the financial burden on his wife, who has been working tirelessly to make ends meet for the family. Lend a helping hand to Krishnappa today.

I wish to build a big house for my family.

About Krishnappa 's livelihood

Krishnappa is an agripreneur who works 12 hours a day for 7 days a week. With this loan Krishnappa will potentially obtain employment for 546 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI 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

A

Vrutti

Established in

2020

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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