false
false 0 0 HL8rw2LaE8

Basavaraj

Agripreneur

Yadagir, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Basavaraj

#go-getter#ambitious
Help Basavaraj have a quality life through the cultivation of his land.

Agripreneur

Karnataka

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Basavaraj

Basavaraj needs to begin sowing for the new season. He is from Yadagir, Karnataka, and lives with a family of five. The recent disruption due to the COVID-19 crisis has made it difficult for him to procure the essential supplies. With the help of some credit, he wishes to purchase better quality seeds and fertilizers, hire labour, and grow his cultivation. Support Basavaraj today for a good season.

About Basavaraj 's livelihood

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

10,000

Loan
tenure

8 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Good

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS