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Savitha

Nanjundappa

logoAgripreneur

logo Mysuru, Karnataka

logo 312 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img

Savitha

Nanjundappa

#ambitious# hardworking
Savitha needs quality seeds and fertilizers to begin the Kharif season.

logoAgripreneur

logo Mysuru, Karnataka

logo 312 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

10,000 loan is fully repaid

10,000 loan is fully repaid


For over seven years, Savitha has been toiling on her land. Savitha is from Mysuru. The COVID-19 crisis has put the family of four in great distress. With the sowing season just round the corner, Savitha is looking to purchase some fertilizers and employ labourers on her farm. The loan will help her purchase quality fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Savitha to help her get through these tough times.

I wish to provide my children with a good education.

About Savitha Nanjundappa's livelihood

Savitha is an agripreneur who works 8 hours a day for 6 days a week. With this loan Savitha will potentially obtain employment for 312 days.

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

Investee
pays The rate of interest charged to the investee

0.00% flat p.a.

0.00% APR

Social
Investor The rate of return an investor makes

0.00%

0.00% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

0.00%

0.00% APR

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

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Vild Foundation

   
Karnataka
Partner since 2019

About

VILD Foundation, along with its sister organisation Swami Vivekananda Youth Movement, has been working in various sectors of community development for the past 6 years. Formation and promotion of SHGs, microfinance and income generation activities have been part of their interventions for improving the socio-economic status of the communities. Presently they are operational in Mysore district, facilitating around 311 SHGs covering 90 villages & 6 towns. VILD has been working as a business correspondent for Nabfins since March -2015 & has been working with RangDe as a Impact partner since 2013.

Impact Narrative

Rang De loans are enabling street vendors, farmers and micro entrepreneurs in rural Mysore to build and grow their businesses.

Rs 14,35,000

Disbursed

85

Investees

95.0%

Repayments

Rang De's concern towards excluded communities is reflected in the interest rates that are offered to the borrowers.

- N Mahadevswamy, Senior Manager, VILD
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0