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Rameshbabu

logoAgripreneur

logo chikkaballapura, Karnataka

logo 20,000 has been disbursed

logo 546 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

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Rameshbabu

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

logoAgripreneur

logo chikkaballapura, Karnataka

logo 20,000 has been disbursed

logo 546 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,000 is
the current outstanding balance

75 25 0 15000 0 5000

75%

0%

25%


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 The rate of interest charged to the investee

10.00% flat p.a.

18.00% APR

Social
Investor The rate of return an investor makes

4.00%

7.20% APR

Impact
Partner The rate of return an impact partner makes

up to 4.00%

7.20% APR

Platform
charges The charges, the platform incurs by offering it's services

2.00%

3.60% 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 Equated Quarterly Instalment

Investee
occupation

Animal husbandry

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0