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Rathnamma

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rathnamma

#hardworking#courageous
Support Rathnamma expand her animal husbandry business by purchasing a cow.

Agripreneur

Karnataka

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Rathnamma

Rathnamma belongs to Chikkaballapur district of Karnataka and lives with her family of four. The pandemic brought financial stress to the family and Rathnamma is finding it difficult to meet the household needs. Now, with support from Rang De, Rathnamma wishes to expand her animal husbandry business by purchasing another cow for her farm. She also will utilize the credit to purchase good quality cattle fodder and provide better care for her animals. Invest in Rathnamma as she hopes to enhance her income!

About Rathnamma 's livelihood

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.

Interest Rate

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

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

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