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Sumalatha

P

Agripreneur

Ramanagar, Karnataka

455 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sumalatha

P

#breadwinner#hardworking
Sumalatha needs to begin the sowing season.

Agripreneur

Karnataka

455 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Sumalatha

Sumalatha is from Ramanagar, Karnataka. Her experience of five years in farming has made her a skilled farmer. Living with a family of three, the main revenue earned is from cultivating their piece of land throughout the year. The oncoming Kharif season has brought Sumalatha working on her toes. While her hard work alone can’t ensure a bountiful harvest, she needs a loan to make essential Agri inputs available to ensure quality produce. Invest in Sumalatha as she aims for a profitable season.

About Sumalatha P's livelihood

Sumalatha is an agripreneur who works 10 hours a day for 7 days a week. With this loan Sumalatha will potentially obtain employment for 455 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sumalatha P has consented to pay the interest as below:

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Farming

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Vrutti
   
Partner logo

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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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS