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Saheb

Gouda

Agripreneur

Yadagir, Karnataka

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Saheb

Gouda

#courageous#go-getter
Invest in Saheb for a good season and explore better farming opportunities.

Agripreneur

Karnataka

234 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Saheb

Saheb has been cultivating his land for over ten years now. Living in Yadagir, Karnataka with his family of six, agriculture brings in the income to sustain. But the current pandemic made it difficult for him to find the credit to invest in the new season. With some support from Rang De, Sahed would be able to purchase high quality seeds, fertilizers, and pesticides and hire enough help for his farm. He hopes that this new season would bring some profit and he would be able to provide for his family well. Help Saheb!

About Saheb Gouda's livelihood

Saheb is an agripreneur who works 6 hours a day for 6 days a week. With this loan Saheb will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Saheb Gouda 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

Loan Details

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

Investee Credit Rating:
Adequate

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