Subbireddy is an ambitious cattle rearer from Chikkaballapura, Karnataka. He has over five years of experience in rearing cattle. He wishes to rear sheep and sell it for meat during the festival. This investment will help her bring a bigger income to the family of five. Invest in Subbireddy and help him grow financially.
Subbireddy is an agripreneur who works 12 hours a day for 7 days a week. With this loan Subbireddy will potentially obtain employment for 546 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Subbireddy 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
₹ 20,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EQI
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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