Ramesh is a skilled farmer who has been practicing agriculture for over ten years. A resident of Yadagiri district of Karnataka, Ramesh wants to borrow some credit to purchase quality seeds, pesticides, and fertilizers, and to avail labor facilities. With your support, he will be able to cultivate his landon time. Invest in Ramesh today and help him have a successful farming season.
Ramesh is an agripreneur who works 6 hours a day for 6 days a week. With this loan Ramesh will potentially obtain employment for 234 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ramesh 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.
Share Ramesh's profile
Invite your family and friends to view Ramesh's profile on Rang De
