Panchalingeswara is a small farmer from Kurnool, Andhra Pradesh. He has been cultivating his land for the past fifteen years in order to earn the daily bread and butter for his family of four. With the onset of a new season, he wishes to purchase high grade seeds and fertilizers and needs a loan for the same. Investing in quality inputs on time would give him a good harvest. Invest in Panchalingeswara as he hopes for a profitable season.
P G is an agripreneur who works 8 hours a day for 6 days a week. With this loan P G will potentially obtain employment for 312 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. P G Panchalingeswara 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 5,000
Loan
tenure
8 months
Moratorium
None
Repayment
mode
Flexible repayments
Investee
occupation
Farming
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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