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Mahadevi

Channappa Madivala

logoAgripreneur

logo Gulbarga, Karnataka

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

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Mahadevi

Channappa Madivala

#breadwinner#positive
Support Mahadevi expand her animal husbandry business and lead a better life.

logoAgripreneur

logo Gulbarga, Karnataka

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

30,000 loan is fully repaid

30,000 loan is fully repaid


Mahadevi is from Gulbarga, Karnataka, and lives with her family of six there. She has been running her animal husbandry business for over six years. Now, with a small interest loan from Rang De, Mahadevi wishes to expand the business to enhance her income. This will help her lead a quality life. Support Mahadevi now!

I wish to start a big dairy unit.

About Mahadevi Channappa Madivala 's livelihood

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

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

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

2.00%

3.60% APR

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

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