false
false 0 0 gTwactSpKT

Prasad

Viraktamatha

Agripreneur

kalaburgi, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Prasad

Viraktamatha

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

Agripreneur

Karnataka

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Prasad

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Prasad Viraktamatha has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Investee
occupation

Animal husbandry

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.

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS