Rathnamma lives in Chikkaballapur, Karnataka with her family where she along with her husband work on a animal husbandry business to earn a livelihood. She has an experience of fifteen years in the same and wishes to the expand the business. She would want to put the additional income aside for her children's education. With this loan, she would buy sheep and make arrangements for feeding it properly. Invest in Rathnamma today!
Rathnamma is an agripreneur who works 8 hours a day for 7 days a week. With this loan Rathnamma will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Rathnamma 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
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
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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