Revathi has been farming for over ten years. She lives with her family of four in Pudukkottai, Tamil Nadu. Due to the current pandemic situation, it is difficult for her to arrange the credit to invest in the new sowing season. She needs a loan to purchase quality inputs and hire labour to cultivate Maize. She hopes for a good yield and to be able to provide for her family well. Support Revathi financially!
Revathi is an agripreneur who works 8 hours a day for 7 days a week. With this loan Revathi 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. Revathi S has consented to pay the interest as below:
Investee
pays
5.00% flat p.a.
9.00% APR
Social
Investor
2.00%
3.60% APR
Platform
charges
3.00%
5.40% APR
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 10,000
Loan
tenure
8 months
Moratorium
None
Repayment
mode
Flexible repayments
Investee
occupation
Farming
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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