Srinivasa is from Chikkaballapur, Karnataka, and lives with his family of four there. He has been rearing cattle for over ten years which made him skilled in it. Now, with some support from Rang De, he hopes to purchase a cow and better quality fodder for his cattle. He hopes for an increase in income to be able to lead a quality life with his family. Invest in Srinivasa today!
N is an agripreneur who works 7 hours a day for 6 days a week. With this loan N will potentially obtain employment for 273 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. N Srinivasa 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
₹ 30,000
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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