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Puttalakshmi Purushothama

#mumpreneur# ambitious
Invest in Puttalakshmi's important cattle purchase

Agripreneur

Mysuru, Karnataka

30,000 has been disbursed

318 potential days of livelihood i

18,333.31 is the current outstanding balance

63.64 9.09 27.27 11667 5000 1667

64%

27%

9%


There's nothing better than to start the day with a glass of fresh milk and Puttalakshmi Purushothama knows that better than we do. Her animal husbandry business is looking to grow and so Puttalakshmi has decided to make a wise investment. She hopes to buy a cow which will help her save up money through the sales of milk. She lives with her only son, Yathish and additional income for this small family will help them purchase a plot as they prepare for Yathish's wedding. Invest and put a smile on Puttalakshmi's face today.

I dream of getting my son married.

About Puttalakshmi Purushothama's livelihood

Puttalakshmi is an agripreneur who works 7 hours a day for 7 days a week. With this loan Puttalakshmi will potentially obtain employment for 318 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

30,000

Loan
tenure

18 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

 

B

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

B

VILD Foundation

Karnataka
Partner since 2019

About

VILD Foundation has been working to improve the socio-economic status of communities through formation and promotion of SHGs, microcredit and facilitating income generation activities. Presently they facilitate around 311 SHGs covering 90 villages & 6 towns in Mysore district.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

98%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD

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