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Madda

Chenna Rayudu

Agripreneur

Kurnool, Andhra Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Madda

Chenna Rayudu

#strong#determined
Invest in Chenna Rayudu to purchase quality inputs for the new season.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

5,000 loan is fully repaid

5,000 loan is fully repaid


About Madda

Madda Chenna Rayudu is an experienced farmer who belongs to Kurnool, Andhra Pradesh. For the past twenty years, he has been working tirelessly on his farm to earn the bread for his family of four. Due to a disruption in the supply chain, he is unable to purchase seeds and fertilizers required for the new sowing season. He needs a small interest loan to purchase quality inputs and meet all other expenses of the season. Invest in Chenna Rayudu today as he hopes for a profitable season!

About Madda Chenna Rayudu's livelihood

Madda is an agripreneur who works 8 hours a day for 6 days a week. With this loan Madda will potentially obtain employment for 312 days.

Interest Rate

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

Loan Details

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

Loan
amount

5,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS