Shridevi has an experience of six years in animal husbandry. She lives with her family of five in Gulbarga, Karnataka, and wishes to expand her business now. She needs some credit and it will be used for the proper maintenance of her farm. She hopes for an increase in income through this expansion to be able to provide for her family in a better way. Support Shridevi today!
Shridevi is an agripreneur who works 5 hours a day for 4 days a week. With this loan Shridevi will potentially obtain employment for 130 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Shridevi 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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