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Shankarappa

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Shankarappa

#dreamer#courageous
Help Shankarappa purchase sheep for his farm.

Agripreneur

Karnataka

364 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Shankarappa

Shankarappa lives with his little daughter in Chikkaballapur, Karnataka. He single handedly takes the responsibility of being a good parent to his daughter and being a successful farmer at the same time. He has big dreams for his daughter and wants to continue his animal husbandry business of five years. With this loan, he will purchase sheep and feed them properly. He wishes to use the profits from this business to set up a borewell system on his farm in time for sowing. Help Shankarappa, a strong dad to provide a good future to his daughter and improve their lifestyle.

About Shankarappa 's livelihood

Shankarappa is an agripreneur who works 8 hours a day for 7 days a week. With this loan Shankarappa 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. Shankarappa 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

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EQI

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