false 0 0

Mangamma K

#go-getter#ambitious
Mangamma needs credit to purchase a sheep and fodder.

Agripreneur

Chikkaballapur, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

20,000 is the current outstanding balance


Mangamma lives with her family of four in Chikkaballapur, Karnataka. She believes that with hard-work and resilience, she can fulfill her dreams. Mangamma needs credit to buy a sheep and fodder for it. She would sell the sheep for meat in the market and earn the living from the profit she makes from that. Invest in Mangamma today and help her expand her business so that she can build a home for her family and enjoy a quality life with them.

I wish to build a big house for my family.

About Mangamma K's livelihood

Mangamma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Mangamma will potentially obtain employment for 273 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI i

Investee
occupation

Animal husbandry

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

Vrutti

Established in

2020

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.

0 more to go -39 days remaining

added to cart