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Nilavathi

M

Agripreneur

Chikkaballapur, Karnataka

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nilavathi

M

#courageous#go-getter
Support Nilavathi to have a profitable season and secure her family’s future.

Agripreneur

Karnataka

318 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Nilavathi

Nilavathi is from Chikkaballapur, Karnataka. She cultivates her land to provide for her family of four. But she is in a difficult situation now as she is unable to arrange the credit for the new sowing season. Without some support from Rang De, her aim of securing her family during the pandemic won't happen. She will utilize the loan to buy quality seeds and fertilizers and start the season on time. She hopes that this will give her a profitable season and she can invest some amount in her family's well being. Support Nilavathi today!

About Nilavathi M's livelihood

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

Interest Rate

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

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