For over ten years, Lalitha has been toiling on her land. Lalitha is from Pudukkottai. The COVID-19 crisis has put the family of five in great distress. With the sowing season just round the corner, Lalitha is looking to purchase some fertilizers and employ labour on her farm. The loan will help her purchase quality Paddy seeds, fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Lalitha to help her get through these tough times.
Lalitha is an agripreneur who works 8 hours a day for 7 days a week. With this loan Lalitha will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Lalitha V has consented to pay the interest as below:
Investee
pays
0.00% flat p.a.
0.00% APR
Social
Investor
0.00%
0.00% APR
Platform
charges
0.00%
0.00% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 10,000
Loan
tenure
6 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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