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Sumiya

Banu

Agripreneur

Chikkaballapur, Karnataka

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sumiya

Banu

#achiever#growth
Sumiya needs to purchase a cow and expand her business.

Agripreneur

Karnataka

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sumiya

Sumiya is from Chikkaballapur, Karnataka where she lives with her family of four. Being the breadwinner of the family, Sumiya cannot shy away from her responsibilities and continues to work hard to achieve her goals. With the help of some credit, she hopes to purchase a cow and some fodder for her farm. She believes that this would allow her to enhance her income and further improve her quality of life. Invest in Sumiya today!

About Sumiya Banu's livelihood

Sumiya is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sumiya will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sumiya Banu 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

Loan Details

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

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