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Mantamma Banamagi

Shankreppa

Agripreneur

Kalaburagi, Karnataka

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Mantamma Banamagi

Shankreppa

#breadwinner#hardworking
Help Mantamma expand her animal husbandry business and enhance her income.

Agripreneur

Karnataka

312 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Mantamma Banamagi

Mantamma is a hardworking woman who runs her small animal husbandry at Kalaburagi, Karnataka. With almost sixteen years in the business, Mantamma wants to expand it and work towards enhancing her income. To do so, she needs some credit. The credit will be used to give better care to her animals and renovation of the shed. Invest in Mantamma today and help her secure the future of her family.

About Mantamma Banamagi Shankreppa's livelihood

Mantamma Banamagi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Mantamma Banamagi 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. Mantamma Banamagi Shankreppa has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Investee
occupation

Animal husbandry

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS