Shabana is a marginal farmer who belongs to Kurnool district of Andhra Pradesh. Being the breadwinner of her family of four, Shabana works extremely hard to meet the everyday expenses of her family. Currently, she requires some credit to purchase quality seeds and fertilizers for the upcoming cultivation season. She hopes for a profitable yield and to be able to save for her dream house. Invest in Shabana today for her secure future!
Shaik is an agripreneur who works 8 hours a day for 6 days a week. With this loan Shaik 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. Shaik Shabana 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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