false
false 0 0 gTwactSpKT

Prasad

Viraktamatha

logoAgripreneur

logo kalaburgi, Karnataka

logo 364 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Prasad

Viraktamatha

#breadwinner#hardworking
Support Prasad buy cattle so he can launch his dairy business

logoAgripreneur

logo kalaburgi, Karnataka

logo 364 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

20,000 loan is fully repaid

20,000 loan is fully repaid


Meet Prasad, a hard-working man living in Karnataka. Prasad has been doing animal husbandry for the last four years, supporting his family of four. He’s now looking to take a step forward with the support of a Rang De loan. His plan is to purchase hens, a potentially lucrative asset. Prasad hopes that through the sales of meat and eggs, he will be able to increase his income, support his big family, and also kick start a small but successful business. Invest in Prasad to see his progress.

happy life

About Prasad Viraktamatha's livelihood

Prasad is an agripreneur who works 8 hours a day for 7 days a week. With this loan Prasad will potentially obtain employment for 364 days.

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

Investee
pays The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% APR

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0