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Nimmi

Jyothi

Agripreneur

Kurnool, Andhra Pradesh

312 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Nimmi

Jyothi

#provider#go-getter
Nimmi wishes to cultivate her land and secure her children's future.

Agripreneur

Andhra Pradesh

312 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Nimmi

Nimmi Jyothi has been working hard on her farm for over eight years. Living with a family of four in Kurnool, Andhra Pradesh, farming has been the main source of revenue to run the household. With the onset of a new season, Nimmi needs a fresh supply of seeds, fertilizers, and pesticides. The loan amount will help her add value to her produce and reap a quality harvest by the end of the season. The timely disbursal of the loan amount will ensure her a profitable season. Invest in her as she supports her family.

About Nimmi Jyothi's livelihood

Nimmi is an agripreneur who works 8 hours a day for 6 days a week. With this loan Nimmi 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. Nimmi Jyothi 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:
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