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Rameshbabu

Agripreneur

chikkaballapura, Karnataka

546 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rameshbabu

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

Agripreneur

Karnataka

546 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rameshbabu

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rameshbabu has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Investee
occupation

Animal husbandry

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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

FUNDS

INDIVIDUALS