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Thammisetty

Venkatesh

Agripreneur

Kurnool, Andhra Pradesh

364 livelihood days

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Thammisetty

Venkatesh

#ambitious#hardworking
Support Venkatesh continue farming and get a good yield this season.

Agripreneur

Andhra Pradesh

364 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Thammisetty

Venkatesh is a young, but experienced farmer who belongs to Kurnool, Andhra Pradesh. For the past twelve years, he has been working tirelessly in his farm to earn the bread for his family of four. Due to a disruption in the supply chain, he is unable to purchase seeds and fertilizers required for the new sowing season. With the help of some credit, he hopes to continue farming and secure the future of his family. Invest in Venkatesh today!

About Thammisetty Venkatesh's livelihood

Thammisetty is an agripreneur who works 8 hours a day for 7 days a week. With this loan Thammisetty 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. Thammisetty Venkatesh has consented to pay the interest as below:

Investee
pays

5.00% flat p.a.

9.00% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

3.00%

5.40% APR

Loan Details

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

Loan
amount

10,000

Loan
tenure

8 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