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Papamma

#ambitious#breadwinner
Papamma needs to purchase a cow and some feed to expand her business.

Agripreneur

Chikkaballapura, Karnataka

30,000 has been disbursed

273 potential days of livelihood i

30,000 is the current outstanding balance


Papamma comes from the Chikkaballapur district of Karnataka. She is a motivated woman who works hard to provide for her family of three. The income that is brought in by the current business does not suffice for the fulfilment of her dreams. Therefore, with some credit, Papamma will be able to expand her business and purchase a cow and some feed. Invest in Papamma today and help her enjoy a secure future with her family.

My dream is to enjoy a secure future with my family.

About Papamma 's livelihood

Papamma is an agripreneur who works 6 hours a day for 7 days a week. With this loan Papamma will potentially obtain employment for 273 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

Vrutti

Established in

2020

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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