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Madireni

Lakshmi Devi

logoAgripreneur

logo Kurnool, Andhra Pradesh

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Madireni

Lakshmi Devi

#dedicated#believer
Invest in Lakshmi's farm as she dreams of owning a house someday.

logoAgripreneur

logo Kurnool, Andhra Pradesh

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,000 loan is fully repaid

10,000 loan is fully repaid


Lakshmi Devi is an experienced farmer. She has toiled on her farm for twelve years. Lakshmi lives with a family of three and agriculture brings in the income to sustain. There are times when the going gets tough but she never backs down. Due to a disruption in the supply chain, she finds it difficult to get essential supplies for beginning the new sowing season. With this loan, she will be able to buy quality seeds and fertilizers and it also will support her family through this crisis. Invest in Lakshmi and help her tide through these trying times.

I wish to build a big house for my family.

About Madireni Lakshmi Devi's livelihood

Madireni is an agripreneur who works 8 hours a day for 6 days a week. With this loan Madireni 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.

Investee
pays The rate of interest charged to the investee

5.00% flat p.a.

9.00% APR

Social
Investor The rate of return an investor makes

2.00%

3.60% APR

Impact
Partner The rate of return an impact partner makes

up to 2.00%

3.60% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% 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 Repaid during or at the end of the tenure

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Vrutti
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0