Mahesha resides in Chikkaballapura, Karnataka. Being the sole breadwinner of his family of three, Mahesha toils hard at his animal husbandry unit to make ends meet. With over eight years of experience in the business, he aspires to expand it now. He needs some credit to purchase some sheep, and feed for them and meet the transportation and other miscellaneous expenses. This expansion would help him increase his income and lead a quality life with his family. Invest in Mahesha today.
M is an agripreneur who works 10 hours a day for 7 days a week. With this loan M will potentially obtain employment for 455 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. M Mahesha 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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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