Madhumati lives in Gulbarga District in Karnataka with her family of five. She has been cultivating her land for over ten years. As the new season is around the corner, Madhumati needs to prepare to sow her land. For that, she needs some financial support to get quality inputs on time. She believes that this season would give her a good yield and it would bring some financial stability to the family. Invest in Madhumati today.
Madhumati is an agripreneur who works 8 hours a day for 6 days a week. With this loan Madhumati 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. Madhumati 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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