Shant Kumar runs his animal husbandry business in Kalaburgi, Karnataka, where he lives with his family of four. But the pandemic affected his income and he is struggling to meet his household needs. Now, with some financial support, Shant Kumar hopes to expand his animal husbandry business by purchasing quality fodder for all his animals. Invest in Shant Kumar as he dreams of a secured life!
Shant kumar is an agripreneur who works 8 hours a day for 6 days a week. With this loan Shant kumar 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. Shant kumar Patel 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 15,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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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