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Rameshbabu

#provider#resilient
Rameshbabu wishes to purchase sheep and increase his family's income.

Agripreneur

chikkaballapura, Karnataka

20,000 has been disbursed

546 potential days of livelihood i

13,660 is the current outstanding balance

63.4 0 36.6 6340 3660 0

63%

37%

0%


Rameshbabu has been working hard in the animal husbandry business for the last five years. He now, wants to make a sheep purchase with the help of credit so he can support his small family. He would sell the sheep in the market for meat once it is ready for sale. This would help him draw in more profits for his family. His dream is to scale up this business and increase his monthly income. He hopes the additional income will ease the financial burden on his wife, who has been working tirelessly to make ends meet for the family. Lend a helping hand to Rameshbabu today.

I wish to give a good education to my children.

About Rameshbabu 's livelihood

Rameshbabu is an agripreneur who works 12 hours a day for 7 days a week. With this loan Rameshbabu will potentially obtain employment for 546 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% 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

EQI 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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

A

Financial
Profile i

A

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.

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