For over ten years, Vacchala has been toiling on her land. Vacchala is from Beed, Maharashtra. The COVID-19 crisis has put the family of twelve in great distress. With the sowing season just round the corner, she is looking to purchase some fertilizers and employ labourers on her farm. The loan will help her purchase quality fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Vacchala to help her get through these tough times.
Vacchala Bajrang is an agripreneur who works 8 hours a day for 7 days a week. With this loan Vacchala Bajrang will potentially obtain employment for 364 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Vacchala Bajrang Shingare 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 15,000
Loan
tenure
12 months
Moratorium
None
Repayment
mode
EMI
Investee
occupation
Farming
Established in
2008
With Rang De from
2020
Founded by
Manisha Ghule
Navchetana Sarvangin Vikas Kendra (NSVK) works with the most marginalised communities of Marathwada, Maharashtra to empower them socially and economically. Navchetna strives to transform unjust structures of the society from the grassroots, and build harmonious and self-sufficient communities for people from various religions, languages, and cultures.
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