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Sravan Kumar

#hustler#dedicated
Help Sravan provide a good education for her children by boosting cultivation.

Agripreneur

Chikkaballapura, Karnataka

10,000 has been disbursed

364 potential days of livelihood i

10,000 is the current outstanding balance


Sravan has been into farming for just three years. He is from a small village in Chikkaballapura, Karnataka. Being the sole breadwinner, Sravan works extremely hard in order to meet the everyday expenses of his family of four. To continue cultivating in the new season, Sravan requires a loan to meet the expenses. He will invest the money in purchasing good quality seeds and fertilizers. Support Sravan as he hopes for a good yield.

I wish to purchase more agricultural land.

About Sravan Kumar's livelihood

Sravan is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sravan will potentially obtain employment for 364 days.

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

Investee
pays i

5.0% flat p.a.

9.0% APR

Social
Investor i

2.0%

3.6% APR

Impact
Partner i

up to 2.0%

3.6% APR

Platform
charges i

1.0%

1.8% 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 i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Vrutti

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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