Radha is a is an experienced farmer who also runs animal husbandry for over twenty-five years. She lives with her family in Pudukkottai district of Tamilnadu. Radha works extremely hard to meet the everyday expenses of her family of five. She requires some credit to invest in groundnut cultivation for the upcoming sowing season. She needs to get seeds and fertilizers and hire labour for her farm. She wishes to provide a better life to her children. Invest in Radha today!
Radha is an agripreneur who works 7 hours a day for 7 days a week. With this loan Radha 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. Radha Tamilselvan 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
₹ 10,000
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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