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Sriramappa

#achiever#believer
Sriramappa needs credit to purchase a cow and fodder.

Agripreneur

Chikkaballapura, Karnataka

20,000 has been disbursed

273 potential days of livelihood i

13,333.32 is the current outstanding balance

100 0 0 6667 0 0

100%

0%

0%


Sriramappa has been doing animal husbandry for over ten years now. He is from Chikkaballapur, Karnataka, where he lives with his family of four. The family lives off the income that is brought in from the animal husbandry business. But sadly, most of the income that comes in goes into the yearly expenses, leaving them with no savings. Therefore, Sriramappa is determined to expand his business so that he can raise his income and work towards building a home for his family. He wishes to use the credit to purchase a cow and fodder to feed it. Invest in Sriramappa today and support his dream of living well.

I wish to provide my family with a home of our own.

About Sriramappa 's livelihood

Sriramappa is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sriramappa 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.

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Animal husbandry

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

A

Financial
Profile i

B

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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