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Murugesan

#strong# resilient
Murugesan wants credit for purchasing seeds, compost and fertilizers for timely cultivation.

Agripreneur

puduukkotai, Tamil Nadu

10,000 has been disbursed

318 potential days of livelihood i

10,000 is the current outstanding balance


Murugesan belongs to Puduukkotai District in Tamil Nadu. For the past twenty-five years, he has been working tirelessly as a farmer to earn the bread for his family of two. Due to a disruption in the supply chain, Murugesan was unable to purchase seeds, compost and fertilizers required for the sowing season. With the help of some credit, Murugesan hopes to continue farming and secure the future of his family. Invest in Murugesan today!

I want to build a house for my family.

About Murugesan 's livelihood

Murugesan is an agripreneur who works 7 hours a day for 7 days a week. With this loan Murugesan will potentially obtain employment for 318 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% APR

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 i

Investee
occupation

Farming

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

B

Financial
Profile i

A

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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